1031 EXCHANGE SERVICES

The 1031 Exchange is arguably the most powerful tool in a real estate investor’s arsenal for deferring taxes and accelerating portfolio growth. By rolling the proceeds from one investment property into another, you can defer capital gains taxes—allowing your equity to compound over time rather than being eroded by the IRS. At Tennessee Equity Builders, we guide you through the rigid timelines and complex regulations to ensure a compliant, successful exchange.

THE QUALIFIED INTERMEDIARY "QI"

You cannot touch the cash. If the proceeds from your sale hit your bank account, the exchange is void. You must use a Qualified Intermediary to hold the funds between the sale of your relinquished property and the purchase of your replacement property.
THE 45-DAY RULE

The clock starts ticking the moment you close on your sale. You have exactly 45 calendar days to formally identify potential replacement properties. This is a strict deadline with no extensions.
THE 180-DAY RULE

You must close on your replacement property within 180 days of the sale of your original property.
THE LIKE-KIND REQUIREMENT

The replacement property must be "like-kind" (investment real estate for investment real estate) and of equal or greater value to fully defer taxes.