The Basics
Exchange Cooperation Clauses
Relinquished Property Sale Contract“Notwithstanding anything to the contrary, Buyer hereby acknowledges that it is the intent of Seller to effect an IRC §1031 Tax Deferred Exchange, which will not delay the closing or cause additional expense to Buyer. Seller’s rights...
1031 Exchange Glossary: Tax-Deferred Real Estate Terms Explained
As with any other specific area of law, tax deferred exchanges under IRC §1031 have their own language, which may be confusing to those who are unfamiliar with these transactions.
Delayed 1031 Exchange – Timelines, Deadlines and Identification
The most common exchange structure is the delayed “forward” exchange in which the Relinquished Property is sold, the proceeds (“Exchange Funds”) are delivered to the Qualified Intermediary, and are subsequently used to acquire Replacement Property from a third party seller.
Qualified “Like-Kind” Property
What is Like-Kind Property?
Planning Ahead for a Successful Exchange
How do I plan ahead for a successful exchange?
