Article Date:
February 2013


Word Count:
652

 

 

1031 Exchange Survives Rental to Son


William P. Adams had to duke it out with the IRS in court to get his Section 1031 like-kind exchange approved.

 

First, in order to get to court, he had to bring himself to the attention of the IRS for an audit. How did he do that?

 

He used the easiest route to an IRS audit. He did not file a tax return. He did this for a number of years, but he had usually paid the proper amount of taxes each ... Log in to view full article.

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