1031X exchange process
You need to be able to prove that your 1031 exchange follows the rules.
That’s where we come in.
1. Contact 1031X
2. Sign Exchange Documents
3. Close on Your Relinquished Sale
4. Identify Replacement Properties
5. Contract to Buy Your Replacement(s)
6. Close on Your Replacement Purchase
7. Enjoy the Tax Benefits
(This is net of closing costs, but not net of mortgage or other repaid debts)
(It is possible to identify more than 3, but the rules become more difficult)
(This is why companies like ours exist ー we are a "Qualified Intermediary")
Learn to Master 1031 Exchanges
Whether you are brand new, or need an advanced strategy, this is your go-to center for Section 1031 Exchanges.