11031 Exchanges and Capital Gains. If you sell real property you can avoid a 25% capital gain tax by doing a 1031 Exchange. You will have a maximum of 45 days after escrow closes to “identify” potential replacement properties. You can identify a total of three or, alternatively, as many as you want, but the total value may not exceed 2X your 1031 funds with Accommodator.
Estate Plans
1031 Exchanges and Capital Gains
1031 Exchanges and Capital Gains. If you sell real property you can avoid a 25% capital gain tax by doing a 1031 Exchange. You will have a maximum of 45 days after escrow closes to “identify” potential replacement properties.
By Mark Malachowski · April 12, 2017 · 3 min read
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