A coalition led by the Federation of Exchange Accommodators (FEA) will request that the IRS clarify further whether or not the extension period provided earlier (Rev Proc 2018-58) also applies. The letter from FEA, on behalf of many industry associations, requests that the dates January 20 to July 15, 2020, be treated as the date of the federally declared disaster. Further, this requests that if the end of the 45-day identification period or the end of the 180-day exchange period applicable to like-kind exchanges falls within the Notice 2020-23 disaster period of April 1, 2020 to July 15, 2020, that the deadlines to complete both of those actions be extended by 120 days or to July 15, 2020, whichever is later. Said ADISA’s Executive Director, John Harrison, “I’d like to thank Suzanne Baker and our friends at the FEA for all their great work; further our own Legislative & Regulatory Committee member, Darryl Steinhause of DLA Piper, was instrumental in helping us track this issue. The best thing is that if this is so clarified by the IRS, it would give important relief and time to conduct like-kind exchanges and prevent further disruption by the corona virus pandemic.”