1031 Exchange

The Cooper Advantage group has deep experience with 1031 exchanges having navigated the process for our clients many times. 1031 exchanges are a great way to defer the capital gains you may realize in the sale of a non-homestead property. The rules and timelines are strict, so it's important to have a real estate broker with the right experience that can help guide you through the process.

1031 Exchange Defined

Section 1031 of the IRS tax code allows investors to sell investment property and use all of the proceeds to purchase new investment property while deferring taxes associated with the sale. To qualify as an exchange, the relinquished and replacement properties must be qualified “like-kind” properties and the transaction must be properly structured as an exchange. “Like-kind” relinquished property and replacement properties must be real property that has been and will be held for productive use in the investor’s trade or business or for investment.

    Reasons to Exchange

    There are many advantages to structuring your transaction as a 1031 Exchange.

    • Defer taxes (up to 35-40% of the gain)
    • Diversify or consolidate a real estate portfolio
    • Switch property types
    • Greater purchasing power
    • Build & preserve wealth
    • Expand into other real estate markets nationally
    • Improve cash flow
    • Greater appreciation potential
    • Estate planning for heirs 

    Work With Us

    With over 70 years of combined experience, the Cooper Advantage Group has the experience, skills, and connections to make sure that we can handle all of your real estate needs.

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