What is a 1031 Exchange

1031 Questions & Answers

Calculate the dates

The IRC §1031 Code allows a seller to sell an investment property and buy one or more properties through a Qualified Intermediary.
The seller is NOT allowed to touch or control proceeds.

The identification period begins on the date the taxpayer transfers/closes the sale of the relinquished property and ends at midnight on the 45th day thereafter.
The exchange period begins on the date the taxpayer transfers/closes the sale of the relinquished property and ends at midnight of the 180th day.

Call NEW Exchange, Inc. today to help you with your next exchange!

**Please contact your attorney and CPA for legal and tax advice. This is for informational purposes only.

Appleton 968-7820 Berlin/Wautoma 361-1149
Green Bay 338-4255 Oshkosh 651-4139
Waupaca 715-258-3392

Call NEW Exchange, Inc. for your next 1031 Exchange at (920) 968-7820