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1031 Exchanges

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David Mile
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Structure of 1031 exchange

David Mile
Posted Nov 18 2009, 03:20

1031 Simultaneous Exchange:
The like-kind replacement property and sold property both close concurrently in simultaneous 1031 exchange.

Delayed or Forward 1031 exchange:
You have to give away your present property first and then close the deal on your like-kind property that you are getting in exchange of your sold property.

Reverse 1031 Exchange:
The property that is a replacement is first kept with an exchange Qualified Intermediary and then only the sale of relinquished property in the given period is done.

Build-to-Suit 1031 Exchange
The funds generated from the sale of your relinquished property are use to buy and renovate your replacement like-kind property

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