Complete 1031 Exchange Service

We Provide A Complete Service To Successfully Accomplish 1031 Exchanges

Pre-Exchange Tax Planning

  • Determine if property qualifies for a Tax Deferred 1031 Exchange.
  • Balance the equities between the Relinquished Property and the Replacement Property.
  • Calculate the adjusted basis of the Relinquished Property.
  • Calculate the amount of 1031 exchange expenses.
  • Calculate amount of capital gain from sale of Relinquished Property.
  • Calculate estimated amount of tax due from sale of Relinquished Property.
  • Determine estimated amount of cash to be received from sale of Relinquished Property.
  • Calculate the savings by accomplishing a Tax Deferred 1031 Exchange.
  • Determine amount of suspended passive losses available to offset capital gain from sale of Relinquished Property.
  • Calculate amount to be invested in Replacement Property to defer maximum amount of capital gain.

Accommodation of Exchange

  • Prepare 1031 Exchange Agreement.
  • Prepare necessary documents to convey Relinquished Property from Exchangor to Buyer.
  • Prepare letter regarding timing and identification of replacement property.
  • Prepare necessary documents to convey Replacement Property from seller to buyer.

Post Exchange Tax Planning

  • Calculation of tax basis of newly acquired Replacement Property for depreciation purposes.
  • Assist with preparation of Form 8824, Like-Kind Exchanges.