1031 Exchanges

1031 Exchanges

In this blog, we explain the basics of a 1031 Exchange, including how it works, who qualifies, and the important timelines and rules you must follow to complete a successful exchange. We also break down the six core principles of a 1031 Exchange: the types of properties that qualify, the role of the Qualified Intermediary, the 45-day identification period, the 180-day closing deadline, titleholder requirements, and the need to reinvest all proceeds.