The COVID-19 pandemic is sowing confusion in every industry – including real estate. In this article, we are going to offer up some 1031 exchange resources for taxpayers who have questions about 1031 exchanges during this challenging time. Stay tuned to this site for any future updates re: COVID-19 and 1031 exchanges.
45 / 180 Day Calculator
This free online calculator will help you calculate your 1031 exchange deadlines. Remember that you only have 180 days to complete your exchange once you begin (with the first 45 days set aside as your replacement property identification period). It’s possible that these deadlines may be moved due to COVID-19, but we have not received official word from the federal government on that yet.
1031 Glossary
Brush up on your like-kind exchange lingo with our 1031 exchange glossary of terms!
Educational Videos
Want to learn more about 1031 exchanges but don’t want to read? Check out our series of educational videos in which Jeff Peterson answers frequently asked questions on the topic of 1031 exchanges.
Start a 1031 Exchange Today!
Start your 1031 exchange today by contacting a qualified intermediary to get the process rolling. At CPEC1031, our qualified intermediaries have over two decades of experience facilitating exchanges of real estate throughout the United States. We can prepare your documentation for closing, advise you on replacement property, and answer all of your questions along the way. Contact us today at our Minneapolis office or one of our satellite offices around the country to start the process! We’re here to help in any way we can.
Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2020 Copyright Jeffrey R. Peterson All Rights Reserved