Save Capital Gains Tax

on all your real estate investments!

That could be up to 25% 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.

What is a 1031 Like-Kind Exchange?

Real estate investors are allowed to sell one home with the intention of rolling the purchase funds over to purchase another like-kind property for further investing. This allows the investor to move up in investment value without having to cash out and pay taxes each time a property is sold.

The 1031 like-kind exchange is a valuable tax-saving tool and a great benefit to any investor. It is a relatively simply transaction to perform. However, the requirements for eligibility should be strictly followed, or the transaction may be disallowed or carry tax consequences. You should speak with a tax professional if you have specific questions about your situation.

Who can take advantage of it?

Many real estate investors take advantage of 1031 exchanges when one property has built enough equity in it to purchase a higher valued like-kind property (like-kind means a real estate investment for a real estate investment).

What are the 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.

How do I get started?

IRS Section 1031’s regulations require that a Qualified Intermediary (QI) must be used as an impartial third party to the exchange and to hold the funds that are generated from the sale of the relinquished property to be used for the purchase of the replacement property. The QI also creates all necessary documentation to send to the IRS for tax purposes.

Sunwest 1031 happily works directly with your personal financial advisor, CPA, or lawyer and the title officer assigned to your closing. This makes the process really easy for our clients.