First, some quick qualifying questions:
- Is the property you are selling an investment property (i.e. not your personal residence)?
- Have you owned the property for a minimum of one year (preferably two)?
- Will you be purchasing another investment property in exchange?
If you answered “No” to any of the questions above, you are likely not eligible for a 1031 exchange. If you answered “Yes” to all three, please fill out the following information to begin your exchange: