Avoid these mistakes in order to successfully file a 1031 Exchange, benefit from the advantages it provides, and retain filing consistency with the IRS.
Learn how to leverage a 1031 Exchange to save over 35% on your next property sale/acquisition.
Use our 1031 Document Checklist to ensure that your 1031 Exchange isn’t missing critical documentation.
Use our 1031 Exchange Qualification checklist to determine whether your property qualifies for exemption from capital gains tax.
Use this list to identify which 1031 Exchange type best fits your real estate investment portfolio and strategy.
Learn how a 1031 Exchange protects your assets and fortifies the security of your real estate investment holdings.
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Plenti Financial™ is a trade name of 1031 Exchange Advantage®. 1031 Exchange Advantage™ is a trade name of 1031 EA, LLC and is not a licensed broker. 1031 EA, LLC is a division of Plenti Financial and is the accommodator for a 1031 Exchange as required by the IRS. 1031 EA, LLC does not provide, brokerage, legal or accounting services and is simply a Qualified Intermediary under the IRS code. It therefore is not providing any services other than accommodation services and clients and prospects are advised to confirm all tax, legal, accounting and real estate investment decisions with their professionals such as their accountant or attorney.
A 1031 exchange is a method of tax deferral upon the sale of investment real estate. However, the decision to pay or not pay accumulated and/or deferred taxes is up to the taxpayer, who has control over whether transactions are completed tax-deferred, or tax-free! If an exchanger should decide to continue exchanging into investment property of same or greater value for life, and never sell investment property without utilizing a 1031 exchange, no taxes would be due on any transactions, making them tax-free! Even in the event the taxpayer dies, the taxes die with him, again making the transactions tax-free! Because the choice is up to the taxpayer, we like to say taxes in an exchange are deferred, unless you choose to sell tax-free with Plenti Financial!
