Start with your current transaction fact
A 1031 exchange can follow different paths. The first sale, purchase, deadline, or ownership fact can change the required structure.
Select the situation that is closest to your transaction. Then, give the exchange team the actual dates and documents.
My sale closes soon
Contact a Qualified Intermediary before the sale closes. Do not receive or control the sale proceeds.
Next page: Closing Soon: Need a Qualified Intermediary.
I found replacement property before I sold
If you must buy now, a delayed exchange does not match the sequence. A reverse-exchange review can identify a possible structure.
Next page: Buying Before Selling: Reverse Exchange Options.
I am selling, but I did not find replacement property
You can open a delayed exchange before you select replacement property. The written identification period starts after the sale transfer.
Next page: Selling Before Finding Replacement Property.
I want to improve replacement property
An improvement exchange can include applicable work before the taxpayer receives the replacement property. Title and timing need early review.
Next page: Using Exchange Funds for Improvements.
My buyer canceled or delayed the sale
A failed sale can put the replacement-property purchase at risk. A reverse-exchange review can show if a new structure is possible.
Next page: Failed Sale or Delayed Closing: Reverse Exchange Options.
My 45-day deadline is close
The written identification rules are strict. Gather the exchange dates, prior identifications, and candidate-property facts now.
Next page: 45-Day Identification Deadline Help.
I need to plan the 180-day period
The exchange period can end before day 180 because of the federal tax-return due date. Coordinate the closing schedule with your advisors.
Next page: 180-Day Exchange Period Planning.
A limited liability company (LLC) or partnership owns the property
The taxpayer identity and property owner need careful review. An exchange of a partnership interest does not qualify as a like-kind exchange.
Next page: LLC or Partnership 1031 Exchange Planning.
Debt, cash, or replacement value can change
Money, non-like-kind property, and liability changes can cause recognized gain. A tax advisor must calculate the tax result.
Next page: Debt, Boot, and Replacement Value Planning.
I need to know the main federal rules
Start with the property, Qualified Intermediary, identification, receipt, funds, ownership, and related-party rules.
Next page: 1031 Exchange Rules and Timelines.
I need a start checklist
Collect the property, contract, closing, escrow, title, entity, advisor, lender, and deadline facts before the first review.
Next page: Start a 1031 Exchange Checklist.
I need to review exchange-fund controls
Ask for exact information about the bank, account title, access, authorization, verification, insurance, and incident procedures.
Next page: Security of Exchange Funds.
Which service path fits?
Use a delayed-exchange review when the sale will occur first. Contact Independent Exchange Services, Inc. before the sale closes.
Use a reverse-exchange review when the purchase can occur first. Contact Reverse Exchange Services, Inc. before the purchase closes.
Use an improvement-exchange review when work must occur before receipt. Contact the team before the purchase closes or work starts.
Start with the dates
Tell the team the expected sale date and purchase date. Also tell the team if an exchange deadline is active.
Call 888-747-1031 for a close deadline. Use the contact page for a nonurgent review.
This page gives general information. It does not give tax, legal, investment, lending, or financial advice.