1031 Exchange

1031 Exchange Professionals, Inc. has in place best practices to efficiently prepare the documentation and most importantly, to provide professional service with integrity and reliability. As a proud member of the Federation of Exchange Accommodators, the nation’s only qualified intermediary trade organization, we are bound by a strict Code of Ethics.

Internal Revenue Code §1031

The Internal Revenue Code §1031 (“IRC §1031”) tax-deferred exchange allows a property owner to exchange property held for business or trade or for investment purposes for one or more like-kind replacement properties without incurring capital gains taxes. As a qualified intermediary whose principal has over a decade of experience transacting thousands of exchanges, 1031 Exchange Professionals, Inc. will work with the property owner and their advisors to explain the complex rules and requirements of IRC §1031 with the objective to accomplish a successful exchange transaction.

Why do property owners exchange?

* Defer payment of capital gains tax.
* Exchange several properties for one larger one.
* Geographically relocate.
* Change investment type (e.g., improved property for land).

Internal Revenue Code
26 U.S.C. §1031

No gain or loss shall be recognized on the exchange of productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held either for productive use in a trade or business or for investment.