Under section 1031 of the U.S. Internal Revenue Code, a 1031 Exchange allows investors to defer capital gains tax when they sell any property for productive use in trade, business, or investment, and reinvest the proceeds from the sale within specific time limits into a property or properties of like-kind and equal or higher value.
So, what is an Extended 1031 Exchange?
Typically, in a 1031 Exchange the replacement property must be identified within a 45-day period, however, unknown to most, contracts can be negotiated to allow for additional days during an escrow period to provide more time. The following article highlights the steps that are necessary to add the extensions of escrow into the agreement.
3 Apr 2019
The Extended 1031 Exchange Process: An Improved Alternative Method to a Traditional Exchange
Category: Industry News
Tags: 1031 exchange, Apartments, CRE, Industrial, Multifamily, net lease retail
Recent Articles
Recent Media & Thought Leadership
5/3/2024
Why Invest in Dallas-Fort Worth?
Why Invest in Dallas-Fort Worth? Dallas-Fort Worth (DFW) is the...
5/3/2024
New Law Alert: Good Cause Eviction in New York City
Good Cause Eviction in New York City A recent law...
5/2/2024
Changes to the Los Angeles Mansion Tax and Measure ULA
Changes to the Los Angeles Mansion Tax and Measure ULA...
5/1/2024
Topline/Bottom-line: Q1 Brooklyn Industrial Market Update
Q1 Brooklyn Industrial Market Update Below, you’ll find an overview...
4/30/2024
Industrial Market Report | Jacksonville, FL
Q1 Jacksonville Industrial Market Report Jacksonville By The Numbers |...
4/29/2024
Q1 Multifamily Market Report | Denver, CO
Q1 Denver Multifamily Market Report Market Overview The Denver multifamily...
4/29/2024
Q1 Multi-Tenant Retail Market Report | Savannah, GA
Savannah Multi-Tenant Retail Market Report Market Overview With a strong...
4/29/2024
Q1 Multi-Tenant Retail Market Report | Augusta, GA
Q1 Augusta Multi-Tenant Retail Market Report Market Overview The Augusta...
4/26/2024
Q1 Industrial Market Report | Northwest Houston
Northwest Houston Industrial Market Report Houston Northwest Inner Loop Submarket...