Blog Logo
Blog Logo

Steven R. Bovan


Co-Chair, Real Estate & Construction Group

President, TARES

Contact information

View All News & Insights

PA Welcomes 1031 Tax Deferred Exchanges

Steven R. Bovan,, (412) 594-5607

Many real estate investors in Pennsylvania have had an unpleasant surprise when they learn that the Commonwealth has never recognized the 1031 Tax deferred exchanges for Pennsylvania income tax purposes.  After years of discussing it, that has finally changed.  Just this month, Governor Wolf signed into law changes to the income tax statutes which will recognize the tax deferral nature of 1031 exchanges starting in 2023.  At this point, it appears that exchanges started in 2022 will still fall under the old regime.   

For more information on this, contact Steve Bovan at To learn more about Tucker Arensberg’s Real Estate Transactions and Title Insurance services, click here.

July 28, 2022

Serving our clients successfully since 1900

The same attributes that have anchored over a century of success are still our guiding principles today.

Stay up-to-date on the latest News & Insights by subscribing to our alerts

Enter your email address below and be notified when we post new information.