Danita Vigil & Tracey Wilson, CES®
Colorado & Wyoming
Danita Vigil & Tracey Wilson
Vice Presidents / Account Executives
1745 Shea Center Drive, Suite 400
Highlands Ranch, CO 80129
Danita Cell: (303) 242-6572
Tracey Cell: (303) 883-5846
Toll-Free: (877) 775-1031
Danita Email: danita.vigil@ipx1031.com
Tracey Email: tracey.wilson@ipx1031.com
Mountain Regional Office
8899 South 700 East Suite 100
Sandy, Utah 84070
Phone: (801) 315-5337
Toll-Free: (877) 775-1031
Fax: (801) 841-3537
For the most recent 15 years, Tracey Wilson has been a Senior Consultant and Managing Director of Business Development, and Vice President of IPX1031, helping facilitate 1031 Tax Deferred Exchanges. Tracey is an expert in the 1031 Exchange rules and 1031 regulations of Delayed, Simultaneous, Reverse and Improvement Exchanges and provides nationwide Qualified Intermediary services to his clients. Prior to joining Investment Property Exchange Services, Inc., Tracey had over 13 years of investment banking experience with Credit Suisse First Boston in New York and Zurich, and Merrill Lynch in New York, Denver, and Hong Kong. He is a certified instructor with the State of Colorado Real Estate Division, Colorado State Bar Association, and the Colorado Society of CPAs providing CE, CLE, and CPE accredited classes. Tracey has been an adjunct faculty member of Regis University teaching accounting, finance, economics, and statistics. He has a BS in Finance and Engineering, an MBA in Finance, and is currently working on his MS in Accounting. As Vice President and Account Executive for Colorado and Wyoming,
Danita Vigil’s main focus at IPX1031 is to help closers simplify transactions, exceed client satisfaction and produce seamless 1031 Exchange transaction processes. A 2nd generation title insurance worker, Danita started with Security Title Guaranty Co. in 1981 before transferring to sister company First American Heritage Title Company in 1992 where she enjoyed managing production and marketing efforts for over 15 years. Through mergers and acquisitions, Danita now has her 38 year service award from Fidelity National Financial, the parent company of Investment Property Exchange Services, Inc.
IPX1031 Exchange Seminars
IPX1031 provides seminars for continuing education credits as well as custom and personalized seminars on tax deferred exchange topics for attorneys, CPAs, advisors, brokers, REALTORS®, agents, escrow, investors and taxpayers – from St. George and Salt Lake City, Utah to Idaho Falls and Twin Falls, Idaho to Fort Collins, Durango, Grand Junction and Colorado Springs, Colorado. To find out about a seminar nearest you, or to schedule a seminar for your office, please contact us.
Start an Exchange with Danita Vigil and Tracey Wilson
What Our 1031 Customers Are Saying
Mary Beth Stenzel
Presentation Sponsor
Danita and her team provided valuable information to our group of accountants. I have referred clients to her as a result of the presentation I hosted. Thanks for teaching us new that we can actually use!
Sahsha Graves
Sales Executive
I am so lucky that I get to work with Danita! She has helped me to understand how a 1031 Exchange works and many other things that are helpful for my clients when they are trying to save time and money! I appreciate all that you do!
Valerie Agnew
Realtor
Danita is fabulous! Current Information Quickly. Very Knowledgeable! I would recommend Danita & IPX as the absolute best.
1031 Resources & Information
How does a 1031 Exchange work?
Exchange pitfalls. What should I be aware of?
Is a Qualified Intermediary (AKA accommodator or QI) needed?
Yes. To avoid a taxable sale of the Relinquished Property, the use of an intermediary in virtually every 1031 transaction should be utilized. In addition, the Exchanger must enter into written agreements with the QI before the Relinquished Property is sold.
What is Like Kind Property? Can I sell my rental house and buy a 4plex? Can I sell my vacant lot and buy an office building?
Yes, you can buy ANY kind of business or investment real estate, anywhere in the US. The “like-kind” requirement does not mean selling and buying the same exact type of property. In an IRC §1031 transaction, you can exchange real property for virtually any other real property in the United States, as long as the property is held for productive use in a trade or business or for investment purposes. You can sell a rental house and buy apartments, commercial, industrial, mini storage, vacant land, agricultural, etc.
Can I get an extension on the 45-day identification period for my 1031 Exchange?
No, unless you are eligible for an extension due to a federally declared disaster, the IRS doesn’t have any provisions for extensions or exceptions – not even to the next business day if the deadline falls on a weekend or holiday. The best way to get more time is to start looking for your Replacement Property well before the closing of your sale property or to extend the closing date on your sale property.
Do I have to buy from the properties I’ve identified in my 1031 Exchange?
Yes. During the 45 days you can change what you’ve identified, but once your identification period has expired, you must buy from only that list. No substitutions or changes after day 45. The rules under section 1031 are very strict.
Can I use money from my 1031 Exchange to improve the new Replacement Property after I buy it?
The day you take title to the property is the end of the exchange for that property. If you have cash left over, that is taxable boot. There is something called a Build-to-Suit or Improvement Exchange, where we, as the intermediary, take title to the property to make the improvements before you take ownership. This is also a more expensive and complicated transaction.
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Danita Vigil, Tracey Wilson & IPX1031 are a winning combination.
See how we’re different and why.
With an office near Denver and Boulder, Colorado, IPX1031, the nation’s largest exchange facilitator and accommodator, provides industry leading exchange services including guidance, expertise, security and key information on 1031 Exchange rules, regulations and strategy. 1031 Exchange experts, Tracey Wilson and Danita Vigil offer you customized solutions to defer capital gains tax and maximize equity in your 1031 like kind investment property.
Full Service Qualified Intermediary
Superior Customer Service
Owned by Fidelity National Financial (NYSE: FNF)
$100M Fidelity Bond & $30M E&O Insurance
$50M Written Performance Guaranty
Attorneys & Certified Exchange Specialists (CES®)
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Customized solutions for your investment and business goals.
