1031 Exchanges

 

What is a 1031 Exchange

1031 Questions & Answers

Delayed Exchange

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 process works as follows:

 

 

 

 

 

 

 

 

 

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