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LandAmerica 1031 Exchange Services -Tristate Region is your qualified intermediary for all types of 1031 Exchanges. Although the details and guidelines surrounding most 1031 Exchanges can be complex, LandAmerica 1031 Exchange Services is here to make it easy! Contact us today to find out which exchange is the most appropriate for you. Brief descriptions of the types of exchanges follow:
Simultaneous Exchange
A 1031 Exchange where property is exchanged simultaneously.
Delayed/Deferred or Starker Exchange
A 1031 Exchange where the taxpayer disposes of the relinquished property on one day, and then has up to 180 days from that date to acquire the replacement property.
Personal Property Exchange
A 1031 Exchange where personal property held for investment or used in business can be exchanged only for property that is similar in use or in quality.
Reverse Exchange
A 1031 Exchange where the replacement property is acquired before the relinquished property is transferred.
Build-To-Suit (Construction) Exchange
A 1031 Exchange where improvements or repairs are allowed to be made on a replacement property before it is transferred to the taxpayer.
Reverse Build-To-Suit Exchange
A 1031 Exchange where the taxpayer is allowed to acquire and improve or repair the replacement property before he or she sells the relinquished property.
Please visit LandAmerica's 1031 website to learn more.
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