Under Internal Revenue Code (IRC) Section 1031, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. 

To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and in the treasury regulations.

The 1031 exchange can offer significant tax advantages to real estate buyers. Often overlooked, a 1031 exchange is considered one of the best-kept secrets in the Internal Revenue Code.

Click the bulleted topics below to learn more.

• Overview
• Who should consider a 1031 exchange?
• Why should you consider a 1031 exchange?
• What are the 1031 exchange rules?
• 1031 timelines
• Replacement property identification
• Like-Kind Property
• 1031 exchange formats
• History of 1031 exchange
• The role of the Qualified Intermediary (QI)
• What is Tenants-in-Common (TIC)?
• What are the benefits of TIC ownership?
• Tenants-in-Common FAQs
• IRS Publication 544
• IRS Form 8824

Disclaimer: The information provided herein is not to be construed as legal or tax advice and is qualified in its entirety by the actual closing documents. In case of any discrepancy, the actual closing documents will control.