PA 1031 Like Kind Exchanges

July 15, 2022 by Leave a Comment

For years, PA was the only state NOT Fully recognizing the 1031 Like Kind Exchange. For years, our PA Association of REALTORS have lobbied the PA General Assembly to incorporate the Federal Tax Code 1031 into the PA Tax Code. On July 8 the Governor signed House Bill 1134 which is now Act 53 of 2022. It takes effect the beginning of 2023.

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Filed Under: Exciting News, Sellers, Laurel Highlands Living, 1031 Like Kind Exchange, PA, Finance, Seven Springs, Consumer Info, HIDDEN VALLEY, LAUREL HIGHLANDS Tagged With: , , , , , , ,

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