1031 Real Estate Exchange

All About Property Exchanges Via Code Section 1031

Exchanging property using Code Section 1031 can be a daunting process. Take the stress out of the process by letting the professionals at Holmes Law Office handle every small detail. 'Like kind' property may be exchanged using Code Section 1031. This is often done for commercial real estate, as long as the property is of similar value.

There's no need to be apprehensive about how your real estate exchange might affect your tax filing process. We are glad to answer any questions that you may have about the process so call (765) 793-2266 today! Virtual consultations are now available through Zoom as well.

A Legal Team That Works Closely With You

The rules and timelines of Code Section 1031 are very technical and must be followed exactly. Your plan must be in place before the transaction occurs, and your entire team must function well in order to preserve your tax-deferred exchange. Because this is such a delicate process, the professionals at Holmes Law Office can handle these fine details for you.

Let Us Handle the Tax Aspects of Your Property Exchange

Trust us to assist you with all the necessary document preparation, as well as give advice for both real estate and tax consequences. You will also receive help to select a 'Qualified Intermediary' and ensure all reports are filed. We can handle the real estate part of the exchange, as well as any tax issues involved.