installment gain deferral – Custom Structured Settlements, LLC

Avoid Tax Exposure of a Failed 1031 with a Backup Rescue Plan

1031 Exchange Limitations - consider plan change in favor of tax deferral Section 453 installment sale reporting.

Like-kind exchange tax deferral plans can fail due to non-controllable factors. For example, the regulations provide no freedom to extend the mandated 45-day and 180-day requirements. If these deadlines are missed, even when it is not your fault, the tax deferral under Section 1031 can be completely lost.