The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19.
With the continually evolving COVID-19 circumstances that are impacting all of our personal and professional lives, the Colorado Association of REALTORS® staff and leadership team are committed to providing you with timely, factual information throughout this crisis.
COVID-19 Live is a website created by Avi Schiffmann, from Washington State, USA. The information your seeing on this website is being pulled from local government websites, health departments, BNO News, the CDC and the WHO.
An update from Heather Hankins, 2020 SMDRA Chairman of the Board. Discussion about the recently announced ‘stay at home’ orders from Arapahoe, Adams, Douglas and Jefferson counties in Colorado.
WHY IS NAR ISSUING THIS GUIDANCE? In response to the growing concerns about COVID-19, commonly referred to as coronavirus, NAR is providing this guidance to help REALTOR® associations respond to the coronavirus’ potential impact on the real estate industry.