Qualifying Property

Business Use Property

Investment Use Property

Are you looking to relocate your business to a new location?

Looking to retire and diversify your commercial property?

Selling the farm?

By utilizing a 1031 Exchange, you may be able to purchase an income producing property & defer your capital gains taxes.

Investment Use Property

Farms, Rental Homes, Apartment Buildings & Unimproved Properties Typically Qualify for use in a 1031 Exchange.

The IRS has detailed how to use Vacation Homes & 1031 Exchanges.

We'll be glad to discuss your strategy.

Same Taxpayer Rule

Investment Use Property

Same Taxpayer Rule

A specific rule in satisfying 1031 requirements is to purchase your replacement property in the same vesting title as the your relinquished (selling) property.

The following exceptions may apply:

Single Member Disregarded LLC & Revocable Trusts.

Occasionally, owners of partnerships, LLC & Corporations do not wish to continue in property ownership going forward. We can explain the Drop & Swap strategy.