inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/content/2022/04/be62d4fc816508dacfc43b35d4d940186d26d7d9.png
  • Home
  • The Team
  • Portfolio
  • Buyers/Sellers
    • Buyers
    • Buyer’s Roadmap
    • Financing Roadmap
    • Sellers
    • Sellers Road Map
    • 1031 Exchange
    • Escrow Process
    • Title Process
    • Types of Mortgage
  • Events
  • Real Estate Hell
  • Rave Reviews
  • Mercy Childcare
.
.
inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/content/2022/04/be62d4fc816508dacfc43b35d4d940186d26d7d9.png
  • Home
  • The Team
  • Portfolio
  • Buyers/Sellers
    • Buyers
    • Buyer’s Roadmap
    • Financing Roadmap
    • Sellers
    • Sellers Road Map
    • 1031 Exchange
    • Escrow Process
    • Title Process
    • Types of Mortgage
  • Events
  • Real Estate Hell
  • Rave Reviews
  • Mercy Childcare
inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/content/2022/04/be62d4fc816508dacfc43b35d4d940186d26d7d9.png
  • Home
  • The Team
  • Portfolio
  • Buyers/Sellers
    • Buyers
    • Buyer’s Roadmap
    • Financing Roadmap
    • Sellers
    • Sellers Road Map
    • 1031 Exchange
    • Escrow Process
    • Title Process
    • Types of Mortgage
  • Events
  • Real Estate Hell
  • Rave Reviews
  • Mercy Childcare
inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/content/2022/04/be62d4fc816508dacfc43b35d4d940186d26d7d9.png

1031 Exchange

What is a 1031 Exchange?

1031 exchanges are specifically structured transactions that join together the sale of an old property and the purchase of a new property for the purpose of deferring taxes. 1031 Exchanges are primarily used for buying and selling investment real estate, but they can also be used for personal property that is used in a business. Examples of qualifying property include: bare land, rental property, commercial buildings and homes other than your primary residence.

How can a 1031 Exchange work for me?

A 1031 exchange can defer the capital gain taxes that are due when you sell property that has increased in value or been depreciated for tax purposes. These federal and state capital gain taxes can be costly. Internal Revenue Code Section 1031 can benefit you in other ways. By deferring taxes, you can enjoy increased flexibility and leverage and buying power. Exchanges also allow you to change, diversify or consolidate your investments.

WHAT YOU MUST KNOW ABOUT 1031 TAX EXCHANGES
REAL PROPERTY USE: Both your old and new properties must qualify as investment or business use. If both properties pass this test, you can exchange nearly any type of real estate.

45 DAY IDENTIFICATION PERIOD: You have 45 days from the closing of your sale to list the properties you may want to buy. There are no exceptions to the deadline.

180 DAY EXCHANGE PERIOD: From the sale closing date, you have 180 days to close on the purchase of one or more properties from the 45-day list. Again, there are no exceptions to this deadline.

QUALIFIED INTERMEDIARY (QI): The IRS mandates that you use a QI to prepare the legal documents for your exchange. Because the QI must be independent, it cannot be your friend, employee, broker, or even your accountant or attorney. The QI also holds your money, so you don't have access to it.

PROPER TITLE HOLDING: You must purchase and take title to your new property exactly as you held title to your old property.

REINVESTMENT REQUIREMENT: To defer all of your capital gain tax, you must buy a property equal or higher in value than the one you sold. Also, you must reinvest all cash proceeds from your sale.

 

Have a question?

SEND
Submitting
Succes! Your message was sent!
Oops! Error occurred.

Search listings

Enter city, zip, neighborhood, address…
Loading in progress…
No results found
Type in anything you’re looking for
Search

About

inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/logo/2016/08/unnamed.jpg
The Nell Team
Real Estate

O: (818) 522-2862

E: Scott@TheNellTeam.com
No individual can serve you better than a great team!
EHO
Realtor
SRES
EHO
Realtor
SRES
EHO
Realtor
SRES
EHO
Realtor
SRES

Office

Equity Union Real Estate
16820 Ventura Blvd. Suite TNTEncino CA 91436US
818-522-2862
Scott@TheNellTeam.com

Find the perfect home

  • Home
  • Portfolio
  • About
  • Buyers/Sellers
  • Concierge
  • Families in Transition
  • Mercy Childcare

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us.
inception-app-prod/YjlkNjlmNmMtOWVmMi00MTQyLTk0NTUtNWQ2M2E4YzcwNGM1/content/2022/04/be62d4fc816508dacfc43b35d4d940186d26d7d9.png

© 2025 All rights reserved

Created with Placester

Sign In

Sign in with your email address

Sign In
Success! Your message was sent!
Thanks for your message, we will contact you soon.
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Your password needs:
At least one uppercase letter
At least one special symbol or number
At least 8 characters
Sign Up
Success! Your message was sent!
Thanks for your message, we will contact you soon.
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Enter your email address

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Your password needs:
At least one uppercase letter
At least one special symbol or number
At least 8 characters
Change password
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Account verification in progress

Please wait...

Account Verified!

The page will reload automatically.
Go to the homepage

Verify your email address

In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link

Hold on!

You’re being redirected to the page with listing data.

You have been successfully logged in.

The page will reload automatically.

Sorry something went wrong.

The page will reload automatically.