Starker exchanges
IRS to step up enforcement of Starker exchanges
Friday, January 25th, 2008If you are considering a 1031 exchange (also known as a “Starker exchange”), you better make sure that you do it right. The Internal Revenue Service plans to increase its audits and its enforcement of these exchanges by the summer of 2008.
Usually, when a taxpayer sells a business or investment property, the taxpayer must pay [...]