1031 Requirments    

1031 Real Estate Exchange Requirements

1031 Real Estate Exchange Requirement

All 1031 real estate exchanges, including tenant in common exchanges, must adhere to the following requirements:

  • The total money reinvested into the like kind income real estate must equal or be greater than the value of the relinquished income real estate. In other words, 100% of the assets from the sale of the first income real estate must be rolled into the second investment.

  • The amount of equity ( income real estate value minus loan amt. ) of the acquired income real estate must be equal to or greater than that of the income real estate being sold.

  • Third, each real estate investor must use a Qualified Intermediary (QI) to oversee the transaction. A QI is a qualified individual that prepares the paperwork, holds all proceeds from the transaction, and provides any technical advise on the exchange process.

  • Finally, all 1031 real estate exchanges require the exchange of like kind income real estate for other like kind property. A definition of such may be found in internal revenue code.

    For more information on 1031 real estate exchanges or tenant in common exchanges, or to be put in contact with a licensed 1031 real estate broker, contact us today!

    • Want Access to TIC Properties Nationwide?

    IT'S FREE

    Tenant in common (TIC) properties have become popular 1031 exchange solutions for investors seeking to defer capital gains taxes and free themselves from property management. A wide range of TIC properties exist for sale and 1031realestateexchange.net can provide you with access to the best TIC investment opportunities nationwide.

  • Single and Multi-Tenant Office Buildings
  • Multi-Family Apartment Buildings
  • NNN-Triple Net Lease
  • Industrial Complexes and Warehouses
  • Retail Shopping Malls
  • 1031-REITS (Real Estate Investment Trusts)
  • Oil and Gas Royalties

    • Full Name:   
    Primary Phone:   
    Email Address:   
    Role:   
    Status:   
    Equity:   

    If you're looking for a premium 1031 tenant in common property to defer capital gains tax, fill out our short request form. You'll receive a complete listing of properties available nationwide. Or call us now at 1-800-IRS-1031.

     
    Privacy Statement  |  Terms Of Use
    Copyright (c) 2010 1031realestateexchange.net



    Wednesday, March 10, 2010