1031 Exchange Transactions in Delano

Because the clock never pauses. A 1031 exchange can let an investor sell business or investment real estate and reinvest in like-kind replacement property while potentially deferring capital gains tax, but only if the rules are followed. When the sale of the relinquished property closes, two periods begin together. Within 45 days, replacement property must be identified in writing. Within 180 days, the purchase must close. Meanwhile the proceeds sit with a qualified intermediary, never in your hands, and it is your tax advisor who decides whether exchanging makes sense for you. Stress tends to come from starting the search too late. Our role is the real estate, and we plan it so the deadlines feel manageable. On the sale side, that means sound pricing, broad marketing and a clean escrow. On the purchase side, it means scouting candidates before your sale closes whenever possible, checking comparable sales and income so deadline pressure never pushes you into a poor buy, and negotiating contract dates that fit the exchange window. Vineyards, farm ground, rentals and commercial buildings can all be part of an exchange. We do not give tax advice and never promise a tax result.