Sell Property and Reinvest Proceeds
Independent Exchange Services, Inc. acts as Qualified Intermediary for delayed, simultaneous, improvement, and related tax deferred exchanges.
Explore IESCompare Delayed, Reverse and Improvement 1031 Exchanges
Selling first, buying first, or planning improvements? Find the exchange service to discuss before your next closing.
Which property needs to close first?
Start with the sequence, not the terminology.
Selling first? Start with our qualified intermediary services. Need to buy first? Explore a reverse exchange. Planning construction? Review an improvement exchange before the purchase or work begins.
Independent Exchange Services, Inc. handles Qualified Intermediary work. Reverse Exchange Services, Inc. coordinates reverse and improvement titleholding arrangements. Both work with your closing and advisory team on the documents and sequence for the proposed exchange.
Not sure which fits? Tell us your sale and purchase dates. You do not need to choose a structure or determine tax eligibility before contacting the team.
Which Exchange Service Fits?
Compare the sequence, the exchange team's role, and what to prepare before closing.
| Delayed exchange | You sell first. IES prepares exchange documentation and coordinates proceeds while you identify and acquire replacement property. Start before the sale closes. Review delayed-exchange services. |
|---|---|
| Reverse exchange | The purchase needs to happen first. RES reviews titleholding, financing, and the planned sale with your advisors before the purchase closes. Review reverse-exchange services. |
| Improvement exchange | Work must be included before you receive replacement property. Bring the budget, contracts, funding, title plan, and schedule for an early review. Review improvement-exchange services. |
| Transaction review | Your dates, ownership, or existing arrangements need clarification. Share the known facts with the team; tax and legal conclusions remain with your advisors. Find the situation closest to yours. |
Information that helps the first review
- Property sequenceTell the team whether the sale closes first, the purchase closes first, or improvements must be completed before the replacement property is received.
- Closing pressureShare the expected closing date, the status of purchase and sale agreements, and whether any deadline has already started.
- Advisor contactsIdentify the CPA, attorney, broker, lender, title company, and escrow officer so exchange instructions can be coordinated efficiently.
- Ownership detailsClarify the taxpayer or entity on title, any partnership or LLC considerations, and whether more than one replacement property may be involved.
What happens next?
Start with the documents and information checklist. The exchange team can discuss the service path and exchange documentation; your tax advisor and attorney review the proposed tax and legal treatment. Contacting the team does not open an exchange or confirm qualification.
Service Paths
Choose the transaction direction that fits the exchange.
Purchase Property Before You Sell
Reverse Exchange Services, Inc. structures reverse transactions when replacement property must be acquired before relinquished property is sold.
Explore RES
Include Improvements
Coordinate the titleholding arrangement, work schedule, construction documents, and payment process before the purchase or work begins.
Explore improvement exchangesDiscuss fees and what is included
Request a written scope for your proposed exchange. Ask which exchange documents, property transfers, funds administration, and coordination services are included, and which work or third-party charges are separate.
For reverse or improvement transactions, also clarify entity, financing, insurance, construction-administration, and holding-period costs. This page is not a fee schedule; confirm the amount and terms before engaging the firm.
Review the exchange-funds due-diligence guide and meet the team. Advisors can use our coordination guide for a client handoff.