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1031 Exchange rules - the Basics
- the property you acquire must be identified within 45 days of the transfer of ownership of the relinquished property (the property you sold).
- You must acquire the replacement property no later than 180 days from transfer of relinquished property OR by the due date of the tax return for the year that you transferred the relinquished property - WHICHEVER DATE IS EARLIEST.
- You must acquire a property that has equal or greater value and equity than the property you relinquish.
- LIKE-KIND property is any property held for productive use, trade, or investment. You can exchange a single-family rental for a cattle ranch if the transaction meets the other requirements.
Enterprise Real Estate, Inc and our partner firm Enterprise Capital Management will help you sell your current home(s) and in turn use a 1031 Exchange to increase your investment portfolio and help you accumulate more and greater wealth.
Are you interested in buying a home at a deep discount? Get latest complete search of short sales and search all foreclosures.
Enterprise Real Estate, Inc. is a Sacramento area real estate brokerage with real estate agents that help people buy and sell Sacramento single family homes, condos, and lots for sale. The Enterprise Real Estate website lists Sacramento, Placer, and El Dorado homes for sale. Key service areas are Elk Grove real estate, including Laguna West, Stone Lake, and Sheldon; Sacramento real estate, including East Sacramento, Midtown, River Park, Campus Commons, Pocket, Greenhaven, Land Park, South Land Park, Curtis Park, Woodside and Arden Hills; Enterprise Real Estate agents also sell homes in Rancho Cordova, Gold River, Mather, Orangevale, Citrus Heights, Folsom, North Natomas, South Natomas, Arcade, Carmichael, Fair Oaks, the Fabulous Forties, and Tahoe Park.
Would you like to live in Carmichael instead?
Enterprise Real Estate, Inc. is a Sacramento area real estate brokerage with real estate agents that help people buy and sell Sacramento single family homes, condos, and lots for sale. The Enterprise Real Estate website lists Sacramento, Placer, and El Dorado homes for sale. Key service areas are Elk Grove real estate, including Laguna West, Stone Lake, and Sheldon; Sacramento real estate, including East Sacramento, Midtown, River Park, Campus Commons, Pocket, Greenhaven, Land Park, South Land Park, Curtis Park, Woodside and Arden Hills; Enterprise Real Estate agents also sell homes in Rancho Cordova, Gold River, Mather, Orangevale, Citrus Heights, Folsom, North Natomas, South Natomas, Arcade, Carmichael, Fair Oaks, the Fabulous Forties, and Tahoe Park.
CA BRE# 01932381
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