our services
FORWARD/DELAYED EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
FORWARD/DELAYED EXCHANGE
This is the most common type of 1031 exchange. You will hear it referred to as a delayed or starker exchange. Upon selling your property(s) (relinquished property), you have 45 days to identify what property(s) (replacements property) you will be acquiring. Upon completion of the 45 days deadline, you will have an additional 135 days to
This is the most common type of 1031 exchange. You will hear it referred to as a delayed or starker exchange. Upon selling your property(s) (relinquished property), you have 45 days to identify what property(s) (replacements property) you will be acquiring. Upon completion of the 45 days deadline, you will have an additional 135 days to close escrow on the replacement property(s) that you identified in those first 45 days. The total transaction cannot exceed 180 days from the close of escrow on your relinquished property. 45 days to identify and 135 to close, for a TOTAL of 180 days.
REVERSE EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
FORWARD/DELAYED EXCHANGE
As its’ name states, a Reverse 1031 Exchange is where you acquire an asset (replacement property) first, then have 45 days to identify what asset (relinquished property) you will be selling. You will then have an additional 135 days to complete the sale of your relinquished property. Upon the close of escrow, you can either pay yourself
As its’ name states, a Reverse 1031 Exchange is where you acquire an asset (replacement property) first, then have 45 days to identify what asset (relinquished property) you will be selling. You will then have an additional 135 days to complete the sale of your relinquished property. Upon the close of escrow, you can either pay yourself back for the acquisition, or payoff the loan used to acquire the replacement property prior to the selling of the relinquished property. To complete a Reverse 1031 Exchange, the taxpayer must “park” title to either the relinquished or replacement property with an Exchange Accommodation Title Holder (E.A.T). As your 1031 Exchange Accommodator, we generally act as the E.A.T.
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
A Build to Suit or Improvement Exchange occurs when the Taxpayer wishes to make improvements to the replacement property utilizing the sale proceeds of the relinquished property. To complete a Build to Suit or Improvement Exchange, the taxpayer must “park” title to the replacement property with an Exchange Accommodation Title Holder (E.A
A Build to Suit or Improvement Exchange occurs when the Taxpayer wishes to make improvements to the replacement property utilizing the sale proceeds of the relinquished property. To complete a Build to Suit or Improvement Exchange, the taxpayer must “park” title to the replacement property with an Exchange Accommodation Title Holder (E.A.T). As your 1031 Exchange Accommodator, we generally act as the E.A.T. The improvements must be identified within the 45-Day Identification Period and title of the improved property must be passed to the Taxpayer within the 180-Day Exchange Period. When dealing with real estate, it is not necessary for the improvements to be 100% complete prior to title being acquired by the Taxpayer. If the value of the improved property has been increased to an amount equal or greater than the value of the relinquished property, title may be conveyed to the taxpayer. However, the conveyed property must be substantially the same property that was identified.
SIMULTANEOUS EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
BUILD-TO-SUIT OR IMPROVEMENT EXCHANGE
The relinquished property is sold and the replacement property is acquired on the same day (concurrently).