Conducting an improvement exchange under Section 1031 provides the opportunity to use funds from the sale of a taxpayer’s relinquished property to pay for improvements to the taxpayer’s replacement property. When...
Category: 1031 Exchange
When you conduct a 1031 exchange, you are required to report the exchange to the Internal Revenue Service (IRS). This is the final step for claiming the indefinite tax deferral authorized under Section 1031 of the Internal...
Conducting a like-kind exchange under Section 1031 of the Internal Revenue Code is a complex process that is subject to several strict requirements. Meeting these requirements is essential—as failing to do so can result in...
What Documentation Do You Need for a 1031 Exchange?
April 30, 2026
While taxpayers who conduct 1031 exchanges can achieve significant tax savings, they must be able to prove that their exchanges qualify for indefinite tax deferral under the Internal Revenue Code. Improperly claiming...
Taxpayers seeking to conduct 1031 exchanges must make several important decisions early in the process. One of these decisions is whether to engage a 1031 qualified intermediary. There are several reasons why it might be...
Several strict requirements apply to like-kind exchanges under Section 1031. These include the requirement to “identify” a replacement property promptly. What does it mean to identify a replacement property—and how do...
Section 1031 of the Internal Revenue Code allows taxpayers to indefinitely defer tax liability on gains from the disposition of appreciated property in a like-kind exchange. This raises a key question: What qualifies as...
1031 Exchange Trends in 2026
February 27, 2026
While we saw some major changes to the Internal Revenue Code (IRC) in 2025, one key IRC provision that did not change last year was Section 1031. As a result, conducting like-kind exchanges under Section 1031 remains a viable...
From the rise in real estate values during the COVID-19 pandemic to artificial intelligence (AI) companies’ efforts to acquire land for data centers nationwide, many real estate owners are facing the prospect of selling for...
If you started a 1031 exchange in 2025 and are planning to complete the exchange in 2026, there are some important considerations you need to keep in mind. These considerations relate primarily (but not exclusively) to the...