Hi Jordan,

Firstly, welcome to ActiveRain. Thanks for sharing the facts about 1031 exchange. This is a familiar term amongst investors, but many still aren't utilizing this deferred tax benefit.

Jordan...Great blog about 1031's.  I am involved in one right now that is a $2.66 million dale sale. 

Welcome to the AR Network!!

Hi  Jordan,  Welcome to the AR Networkd and for your recent blog on 1031 exchanges.

1031 exchanges are starting to make a comeback. Have had some inquiries for the first time in about 7 years. They can be a good option.

Hi, Jordan.  I did a bunch of 1031's in the mid 2000's, during the Boom. , and a few since.  My friends and clients deferred paying a ton of money in Taxes.  It's an excellent Tax Strategy.

1031's have long been in my arsenal for my clients - thanks for sharing Jordan

Well done post.  A potential investory or home owner is going to find this article with ease on Google.

They are bound to become more popular as sales prices go up - for a while there were not many gains to be posted - mostly losses.

Never enough ink, recycled electrons about reverse mortgages. The most misunderstood instrument.

I have new investors ask me questions about 1031 Exchanges all teh time and I always have to look up the timing to make sure I am giving them the right advice. I think I'll just send them your post from now on. Thanks!

There is movement at the US Congress to eliminate 1031 exchanges, so it is not just the MID under attack. We need to stay diligent on this.

Jordon: great informative blog that most realtors are not aware of. I haave done a few in my 31 years and found it interesting. Your blog is right on the money of how to do the 1031.

Jordan,

Great post.  Sometimes people forget there are options.

Ann Hayden in Wildwood, MO

We are contemplating one right now. If not, taxes on gain will be choking us

I've always advised my investor clients on 1031 exchanges.  Personally, I love 'em.  Great wealth preservation.  I see them making a huge comeback as equity returns.

Thank you for the information Jordan. I knew a little about the exchanges, but you blog answered a few questions.

I need to sell something that way! So interesting! Hmmm.

Love and light,

Laura

Alright who put the word dale in my earlier comment? I still think this is a valuable blog!  Congrats on getting your first Featured Blog!!

Jordan, great post here on the 1031 tax exchange.  It certainly involves planning and one needs to know for sure the necessary steps to take as that 45 day identification window can pass very quickly after the property sale.

Just closed another sale where the buyer used the 1031 exchange too.  Great information for all real estate agents to know so that they can help clients buy homes.

Great for investors. Did a few, but haven't been asked lately.

Great post and I dont see this as often lately as we usd to but I am sure they will be coming back now that equity is finding its way back home

One of my client just completed a 1031 exchange.  They can be very beneficial for an investor.

Jordan - As a CRS instructor explained to me years ago... defer, defer, defer, defer, die... your heirs get the stepup cost basis in the property.  It's hard core but it beats the tax man, thanks for the posting.

Jordan, you made it very simple - as I had attended few training sessions on the same and thought this to be one of the most complicated topic!

I think the hardest part of the 1031 is finding the qualified intermediary. I personally was dabbling with the idea of doing that on one of my properties but the local attorneys I spoke with were not interested.  Never thought about the title companies.  Thanks for the tip.

I use one title company in Ann Arbor when I have an investor looking at 1031 exchanges. They totally understand the concept and are great. 

Just complteed a 1031. I think they are more popular than many people think. They can also be frustrating when the client can't make up their mind about what replacement property to buy. We identified one on 44th day.

This is a very informative and useful post. I haven't had the opportunity to do one yet.

Valuable blog!

I thought I was going to have the swap properties type a few months ago and couldn't find anyone around here who knew what to do. This info will help if it comes up again. THANKS!

A Qualified Intermediary does not report the exchange to the IRS. Escrow or the title company files the 1099 with the IRS. Be careful with asking your title company to accommodate the 1031 exchange given that may not be their specialty. Rather locate a Certified Exchange Specialist© and Federation of Exchange Accommodator member at http://bit.ly/16hFtus in your area.

Nine states have legislated regulations Qualified Intermediaries must follow or face civil/criminal penalties. Those states include Washington, Oregon, California, Nevada, Idaho, Colorado, Virginia, Maine and Conneticut.

Learn four questions that experienced investors ask a Qualified Intermediary prior to engaging at http://bit.ly/13GGFqn. Know what to ask.

I have done several, the Key issues have a professional tax person for the exchange, to look at the issues.

Hi Jordan, well written and educational post.  A topic not seen here often.

I do a lot of Investing Business and this is probably one of the best/short 1031 lessons I have seen.  

There is a good niche for agents savvy with 1031's. So many agents shy away, yet they are very easy transactions.

Great job of explaining this sometimes intimidating procedure.

Dear Jordan,

Once I had a client, who did not get either of three identified properties, so now I try to get the home under contract before settling on the original one, so you do not get burned.

Great job and use of a title!  I'm sure you'll get some hits online from that title.  Great information, too. Best of luck!

Jordan, you have done an excellent job explaining the value of a 1031 exchange.  Thanks for writing this infomative post!

Great information Jordon!  I was thinking about a 1031 exchange for my son who is in the military but I don't know if he will have much profit to show on his house yet so for now it is a rental!