Higier Allen & Lautin Blog Andrew Botts represents a Texas-based private equity fund in $7 million sale of real property and complicated 1031 like-kind exchange

Andrew Botts advised a Texas-based real estate private equity fund on its simultaneous $7 million sale of multiple properties and complicated Internal Revenue Code Section 1031 like-kind exchange. Several of the fund's partners wanted to cash out, while the remaining partners desired to pursue a 1031 like-kind exchange. Andrew Botts counseled on this complex tax [...]