1031 Exchange Rules
- Seller must never take possession of funds from the relinquished property
- Replacement property must be like-kind real estate
- Real estate must be used for investment or business, and not be considered stock in trade or personal property
- Property replaced must be of equal or greater value to the property being relinquished
- Title of the relinquished property and the replacement property must be in the same taxpayer name
- Replacement property must be identified within 45 days of closing on the sale of the relinquished property
- Replacement property must be purchased within 180 days of closing on the sale of the relinquished property
Featured Investment Property
Multifamily Investment with Value-Add Upside
DALLAS AREA LOCATION WITHIN MINUTES OF ONE OF THE LARGEST TECH EMPLOYMENT HUBS IN THE COUNTRY
