northwest real estate investors association

Courtesy of NWREIA Preferred Vendor Toija Beutler, Attorney/Manager, Beutler Exchange Group

The IRS has granted extensions of various tax filing deadlines.  This includes Taxpayers whose exchange sale closed on or before September 7, 2020.  Those Taxpayers get an automatic 120-day extension of the 180-day exchange period and 45-day identification deadline.

The extensions are for the following counties:  Clackamas, Douglas, Jackson, Klamath, Lane, Lincoln, Linn and Marion. 

As our office is located in Clackamas County our clients whose sale closed on or before September 7th are eligible for the extensions regardless of where they are located.  We will be notifying our clients individually.

https://www.irs.gov/newsroom/irs-announces-tax-relief-for-oregon-wildfires-and-straight-line-winds-victims