COVID-19 Updates
IRS Extends 1031 Exchange Deadlines
In response to the ongoing COVID-19 pandemic, yesterday, the IRS published Notice 2020-23, which appears to extend important 1031 exchange deadlines.
According to the Notice, if an exchangor's 45-day identification period or 180-day exchange period ends between April 1 and July 15, 2020, then their deadline may be extended until July 15, 2020.
CPEC1031 Remains Open Remotely
CPEC1031 is here to help! We are open for business and ready to help you with your 1031 exchange during the COVID-19 pandemic.
Minnesota Gov. Tim Walz has issued a stay-at-home order to slow the spread of COVID-19 in our communities. As part of our commitment to the health and safety of CPEC1031 clients and team members, CPEC1031 has transitioned to fully-remote operations.
Please contact us for assistance regarding your legal questions and concerns, whether they involve COVID-19 or other issues. We can advise you over the phone or via video conference. Documents can be emailed securely or mailed to you.
We wish you health and safety during this time.
For more information, please visit the following sites: MN Dept of Health COVID-19 & CDC