HOW DO I GET STARTED?

In a Simple, Easy-To-Understand Way?

Understand IRS Section 1031 regulations: Know that a Qualified Intermediary (QI) is necessary as an impartial third party.

Select a Qualified Intermediary (QI): Choose a QI to handle the exchange and hold funds from the sale of the relinquished property for the purchase of the replacement property.

Documentation preparation: The QI creates all essential documentation required by the IRS for tax purposes.

Collaboration with professionals: Sunwest 1031 collaborates with your financial advisor, CPA, or lawyer, along with the title officer assigned to your closing.

Simplified process: Working directly with professionals streamlines the 1031 exchange process for clients.

HOW IT WORKS

With the 1031 like-kind exchange, you're not just selling a property, you're paving the way for greater investments without the burden of immediate taxes. It's a strategic move that allows you to elevate your portfolio and expand your horizons.

WHAT IS A 1031 LIKE-KIND EXCHANGE?

Defer Capital Gains Tax
on all your real estate investments

That could be up to 20% of your profits EACH TIME you sell a property. Sunwest 1031 Exchange is a national provider of Qualified Intermediary (QI) services for Real Estate 1031 tax-deferred exchanges.

OVERVIEW

A 1031 Exchange is a tool to sell your investment property and use the proceeds to purchase another investment property while deferring all capital gains taxes.

EXAMPLES OF LIKE-KIND

- Single Family Home to Duplex

- Vacant Land to Single Family Home

- Duplex to Apartment Complex

- Apartment Complex to Commercial

- Many others

A Like-Kind exchange simply means exchanging Real Estate for Real Estate.

WHO CAN TAKE ADVANTAGE OF IT?

Anyone that owns an investment property

WHAT ARE SPECIFIC BENEFITS?

A 1031 like-kind exchange could save you up to 25% of your profit that normally go to taxes. Instead, you can use that extra money to purchase a more valuable property.