Monroe, CT- August 13, 2007 - Legal 1031 Exchange Services, Inc., a national qualified intermediary for IRC §1031 tax deferred exchanges, is happy to announce that Todd R. Pajonas, Esq. and Matthew K. Scheriff, CPA, were published in the prestigious New York Law Journal, on August 13, 2007.

The article, which is titled VACATION HOME SALE AS §1031 EXCHANGE? After Moore ruling, holding primarily for personal use will nix eligibility, provides guidance for the viability of exchange a vacation or second home.

Taxpayers finally have some clarity from the IRS about what is permissible and what is not. This ruling will help our clients make an informed choice when deciding whether to exchange a vacation home, states Matt Scheriff.

This is the second article written by Legal 1031 Exchange Services personnel which has been published by the New York Law Journal this year.

About Legal 1031 Exchange Services, Inc.

Legal 1031 Exchange Services, Inc. is a national provider of qualified intermediary services for all types of like kind exchanges of both real and personal property, including delayed, simultaneous, reverse, improvement and other complex exchange structures. For more information please visit www.legal1031.com or call 877-701-1031.