1031 Exchange Intermediary
Section 1031 of the Internal Revenue Code allows an owner to defer the payment of state and federal capital gains taxes on the sale of real or personal property held either for investment or for use in a trade or business by reinvesting the proceeds derived from the sale into the purchase of “like-kind” property. Simply stated, a 1031 exchange is the sale of one investment property followed by the purchase of another. By exchanging instead of selling for cash, investors can diversify or consolidate holdings, reduce management commitments, relocate investments, replace used or outdated business equipment and / or improve cash flow without the burden of capital gains tax.
Investor Exchange Services is a full service 1031 exchange intermediary and can help you throughout every phase of your transaction.
STEPS TO INITIATE A 1031 EXCHANGE
Steps to Initiate an Exchange with IES A 1031 Exchange must be set up prior to the closing on the Relinquished Property. Once the Exchange Proceeds from the sale of the Relinquished Property [...]
CRITICAL TIME PERIODS FOR A 1031 EXCHANGE
Time Periods There are two critical time periods with respect to an exchange under Internal Revenue Code Section 1031. The first is that the Investor must identify the Replacement Property to be received [...]
1031 EXCHANGE REQUIREMENTS
Exchange Requirements The following requirements must be met to effectuate a tax-free exchange: Exchange must involve qualified property, either real or personal. Qualified property is property that is either held for investment or [...]
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