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1031 Exchange Companies

Own an investment property and want to sell it off when purchasing a new one? A 1031 exchange might be the right real estate transaction to make. To facilitate this process, it’s important to work with qualified 1031 exchange companies. Here at The Total Wealth Group, we can help with 1031 exchanges for all types of properties.

Get Help With Different Types of 1031 Tax-Deferred Exchanges

When looking for the right 1031 exchange companies in California, you’ll want to find a qualified intermediary based on your needs. The ideal intermediary will be able to help with the four main types of 1031 exchanges.

These potential exchanges include:

Get Help With Different Types of 1031 Tax-Deferred Exchanges

These potential exchanges include:

Delayed 1031 Exchanges

These are the most popular 1031 tax exchanges. These involve selling a current investment property before buying another, enabling you to purchase the new property using the funds acquired during the sale. As your intermediary, we can help you retain the funds you earn from your sale until you find another worthwhile investment property.

Simultaneous 1031 Exchanges

A simultaneous 1031 exchange occurs when both properties in the transaction close on the same date. However, your 1031 exchange won’t qualify for the benefits of this type of exchange if there is a delay for any reason with either property that prevents simultaneous closing.

We’ll help with these specific 1031 exchanges if you want to reap their tax benefits.

Reverse 1031 Exchanges

Another type of 1031 tax-deferred exchange entails finding and buying a new investment property before you’ve sold the one you currently own. Using this exchange, you can hold onto your current investment property until its market value reaches the ideal level. Our 1031 exchange company will also help with these matters if you want to complete this type of transaction.

Improvement or Construction 1031 Exchanges

These 1031 tax exchanges enable property owners to make certain improvements to an existing property before selling it. You must meet certain requirements to complete this exchange, such as completing all improvements within 180 days. The Total Wealth Group will help facilitate timely improvements to the property in time for the transaction and ensure you meet all prior requirements.

Successfully Navigating the 1031 Exchange Process

As a reliable 1031 exchange company, we can serve as your qualified intermediary to help you complete any type of 1031 exchange transaction. We understand that every client has unique needs and will help facilitate an efficient and successful exchange with every project.

We can help you meet the specific requirements for each type of transaction, ensuring compliance and a timely exchange while preventing any potential issues in the process.

Keep in mind that it’s critical to work with the right 1031 exchange companies to complete these exchanges. You will need to take certain key steps, such as:

Finding “like-kind” properties to buy
Avoid buying or selling personal property for the exchange
Find a new property within 45 days
Complete the exchange within 180 days
Avoid potentially costly delays

At The Total Wealth Group, we can help with all of these and other needs during 1031 tax exchanges.

Reach Out to The Total Wealth Group for Your Next 1031 Exchange

Want to complete a 1031 tax-deferred exchange as an investment property owner? Turn to the experts here at The Total Wealth Group. We’ll work with you to keep the process compliant and smooth, whether you want to complete a simultaneous, delayed, reverse, or construction/improvement exchange.

Reach out to us today to learn more about what we can do, including solutions going beyond
1031 exchanges.