1031 Exchange

1. PrepareWe believe proper planning is the key to a successful 1031 Exchange. Seek advice from your financial and tax advisors to determine if it’s appropriate for your overall financial...

Do I need a Qualified Intermediary?Yes. If you do not set up a Qualified Intermediary(QI) prior to closing and take constructive receipt of the funds you will not be able...

A 1031 exchange is arguably the most valuable tax advantage available to real property owners. Stemming from section 031 of the Internal Revenue Code, a 1031 exchange allows a property owner...