Call Us (646) 380-3952

FAQ

Expert Advice, FAQ

Qualified vs Unqualified Closing Costs

Posted on June 4, 2025 By: Jerry Feeney Esq.

By Jerry Feeney Esq. and Daniel Mendoza Qualified vs Unqualified Closing Costs One of the most common mistakes taxpayers make in a 1031 exchange is using exchange proceeds to pay unqualified closing costs. This minefield can cause unexpected tax bills for even the most careful exchanger. Let’s take a look at what can happen.  Suppose

FAQ

What is a tax deferred 1031 exchange?

Posted on November 28, 2023 By: Jerry Feeney Esq.

What is a tax deferred 1031 exchange? A deferred 1031 exchange is a tax-savvy strategy provided by the Internal Revenue Code, that allows real estate investors to defer capital gains and depreciation recapture taxes when sell and the buy investment property. This can be a valuable and powerful tool for investors looking to accumulate wealth,

Special Pricing! $395 Reduced from $495, a savings of $100.

Name(Required)
This field is for validation purposes and should be left unchanged.

What People Are Saying

Brent Lake

“I just completed my 1031 with properties from different states and different than the state where I reside. I’m very satisfied with the service I received. I would highly recommend e1031xchange to anyone engaging in this kind of transaction.”

Sharad Jain

“I sold one of my rental property and needed to perform 1031 exchange. e1031xchange did a fantastic job from start to finish. The closing process can be messy but they did a good job communicating with me, seller attorney, settlement agent. Whenever there was a doc missing or sign missing, they were quick to respond. After the closing, the company acknowledged receiving funds and gave proper direction on how to perform purchase of next property. The disbursement of funds was also painless and yet fully secure with their protocol to call to confirm wire information. Very satisfied.”

Lu Peter

“This is the best 1031 exchange services I have ever received, professional, highly responsible and responsive. Their service is superb, and the fee is wonderful. All my closing agent, attorney, and title company like to work withy them too! I would recommend it to everyone who want the best trustworthy 1031 Exchange service! I am very lucky!”