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April 2020

Found 3 blog entries for April 2020.

IRS Extends 1031 Exchange Deadlines Amid Covid-19 Crisis

According to the National Association of Realtors (NAR),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.

1031 LIKE KIND EXCHANGES

 If an investor has taken the first step of a like-kind exchange by selling the old property, and either the 45-day or the 180-day deadline falls between April 1 and July 15, the deadline has been extended to July 15.

OPPORTUNITY ZONES

If an investor who sold a capital asset planned to roll over the gain into an

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In a show of gratitude toward the Deer Valley Season Pass holders and the Ikon Pass community in these uneasy and unprecedented times, Deer Valley will be offering renewal discounts and rolling over Local’s Only Pass credits and Ikon Pass will be doubling renewal discounts and extending the spring promotion for skiers and riders across the globe for winter 2020-2021. 

NEW DEER VALLEY PASS HOLDER BENEFITS

Increased Renewal Discount

Deer Valley 2019-2020 Season Pass holders are eligible for a 20% discount on the renewal of next year’s 2020-2021 pass that will be applied at your time of purchase. The 20% discount for renewal is only valid until October 14, 2020 when Deer Valley Season Passes also increase in price. Deer Valley Season Passes can

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Park City Restaurants Open For Curbside Pickup

The Park City community is known for it's tenacity and strength.  As we learn to live with this new post COVID-19 norm, it is even more important that we stick together and support our local businesses, whether through purchasing gift cards for later use or by ordering curbside given Summit County Health Department's new curbside only services.

Even through a number of our local restaurants have decided to temporarily close, many remain open and are ready to serve their loyal customer base through curbside pickups. The following local businesses are currently offering curbside deliveries.  Let's support them together!

  • 11 Hauz: Open for normal business hours.  (435) 200-8972.
  • 501 on Main is open for curbside pickup from 11 a.m. to
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