Greg Smith, Esq. 
Kansas, Kentucky, Missouri & Ohio

Greg Smith, Esq.

Vice President / Account Executive
445 Hutchinson Avenue, Suite 250
Columbus OH 43235

IPX1031 Midwest Office

10 South LaSalle Street, Suite 3100
Chicago, IL  60603

Phone: (312) 223-2369
Toll-Free: (866) 490-1031
Fax: (312) 873-3893

IPX1031 Vice President Greg Smith, Esq., earned his B.A., magna cum laude, at Kenyon College, his J.D. at The Ohio State University College of Law, and is a member of the honors fraternity Phi Beta Kappa. Greg is licensed to practice in the Courts of Ohio and the U.S. District Courts for the Southern District of Ohio. He is a published author on numerous real estate subjects including tax deferred 1031 Exchanges, 1031 rules and 1031 regulations, and frequently speaks at 1031 Exchange seminars throughout the Midwest including Kansas, Kentucky, Missouri, and Ohio.

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. To find out about a seminar nearest you, or to schedule a seminar for your office, please contact me.

Start an Exchange with Greg Smith

1031 Resources & Information

1031 Tax Tip: Taxes Are Brutal


G6 Restrictions in a 1031 Exchange


What are the benefits of doing an exchange?

The benefits of doing a 1031 Exchange are far too numerous to list, but I give a few examples.  Of course, no one wants to pay taxes that they are not required to pay.  So the best known benefit of a 1031 Exchange is the ability to reinvest 100% of the proceeds from your sale into the purchase of your new real estate without losing huge chunks of your investment dollars to the state and federal taxes.  Another important example is the ability to switch types of real estate investment.  You might sell non-income producing land and acquire income producing commercial or residential property.  Another example is the ability to relocate your investment properties.  Maybe this would result because you moved and you want your properties close to you, or maybe you just think another part of the country is a hotter marketplace and you will reap larger profits. 

How do I know if a 1031 is right for me?

There are a few steps to determine if a 1031 Exchange is right for you. Step 1 is to verify that you have a taxable gain on the property that you are selling.  In most cases, this means that are selling the property for more than you paid for it, but there are other factors.  You could even be selling the property for less than you paid for it and still owe a large tax based on depreciation recapture taxes. Step 2 is to consider whether you would rather pay the state and federal taxes or be able to reinvest 100% of your proceeds into investment real estate.  For more information, give me a call at (614) 477-1301

Are there special 1031 rules/regulations for Kansas, Kentucky, Missouri or Ohio?

There are no special requirements for doing a 1031 Exchange in Kansas, Kentucky, Missouri or Ohio.

What property types can be exchanged into and out of? What is Like Kind Property?

Many people are confused by the term “Like Kind Exchange.”  Before the Tax Cuts & Jobs Act a few years ago in 2017, 1031 Exchanges could be used for almost any asset with a capital gain.  Now 1031 is only for real estate and the like kind rules are extremely flexible.  Any real estate that is used in a business or held for investment can be exchanged for any real estate that is used in a business or held for investment.  You can sell a rental property and buy an office building.  You can sell a shopping center and buy a farm.

I just sold a property and want to purchase another one. Can I use that recently sold property in an exchange?

Any 1031 Exchange MUST be set up prior to the first closing, so in this case, you could not use that property in a 1031 Exchange.  One of the most important rules of a 1031 Exchange is that the exchanger can’t even have the right to receive the proceeds from the sale.  The Qualified Intermediary (what IPX1031 is called) is assigned into the contract to become the seller.  The proceeds are wired directly from the title or escrow company into the exchange account that IPX1031 sets up on the exchanger’s behalf.

What My 1031 Customers Are Saying

Mary Moran

Manager – Chicago Title
Greg is a great resource for any client contemplating an exchange. We have referred many of our commercial customers to Greg for information on potential exchanges. Greg is always responsive to their requests and provides clear answers to their questions. Even if an exchange is a last-minute decision, Greg gets the necessary paperwork to us quickly so that we can close on time. He can also suggest various options to identify replacement properties so that our clients don’t lose an exchange opportunity.

John Chess

Real Estate Advisor
I like working with Greg Smith as he is both professional and very knowledgeable in the field of real estate and 1031 Exchanges. He is patient with customers as they make crucial decisions concerning their real estate investments and works with their Teams of professionals (attorneys, accountants, Trustees and other related parties.) Greg works tirelessly in the details, rules and guidelines that make up the very nature of successful 1031 Exchanges. I wish there were more people like Greg Smith because it would be a much better world to live and work.

Andrew Weeks

Commercial Real Estate Developer
I found Greg to be a great resource when I was working with a land seller. Greg helped me overcome some obstacles with this seller by explaining the benefits of a 1031 exchange. He then executed the exchange flawlessly. If I feel that a 1031 exchange can help me get a deal done, Greg is my go-to guy.

Greg Smith & IPX1031 are a winning combination.

See how we’re different and why.

With an office near Columbus, Ohio, 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 expert, Greg Smith offers 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®)

Let’s talk about your specific needs

Customized solutions for your investment and business goals.

Why a 1031 is right for me or for my client


deferring taxes (up to 35 to 40% of the gain)


greater purchasing power


improved cash flow


portfolio diversification


portfolio consolidation


greater appreciation potential


freedom from joint ownership


estate planning for heirs

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