In a 1031 exchange, there are so many potential issues that can be avoided with a little bit of time and planning. The last thing you want to do is leave everything to the last minute.
1031 exchanges come bundled with very strict time constraints that you have to follow in nearly every case. You have only 180 days total to start and finish your 1031 exchange. Within that 180 day exchange period is your identification period – the first 45 days of your exchange period during with you have to identify in writing your replacement properties. Give yourself and your 1031 exchange team enough time to tee up your 1031 exchange and make sure everything is set up to go off without a hitch.
CPEC1031, LLC – 20+ Years of Experience
Wherever you are in the 1031 exchange process, we can help. With over two decades of experience, our team of qualified intermediaries is here to guide you and answer all of your questions about the like-kind exchange process. Give us a call today and set up a time to chat with one of our team members. Our main office is in downtown Minneapolis, but we work with clients throughout the state of Minnesota and around the country. Let us help you find creative solutions for your 1031 exchange and start saving money by deferring capital gains taxes.
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.
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