Making Financial Sense of a 1031 Exchange

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We believe it is important for our clients understand the process they are about to go through before beginning. For this reason, we offer details about a series of exchange basics and a wealth of information so that you can make informed decisions. 

A 1031 Exchange is an IRS-authorized process where like-kind business or investment property is exchanged without immediate tax liability to the property owner (Exchangor).

While the 1031 Exchange is most commonly used for real estate transactions, other depreciable assets (office equipment, cars, etc.) and non-depreciable assets (some patents, software, and trademarks) may qualify for exchange as well.

The IRS requires a neutral third party, known as a facilitator, qualified intermediary (QI) or accommodator to be used for facilitating the 1031 Exchange. 

FinSen 1031 Exchange is a qualified intermediary in facilitating 1031 Exchanges. Let us show you how we can help you in the 1031 exchange process.