Simultaneous Exchanges – Capital 1031 Exchange Company
A simultaneous exchange occurs when the relinquished property and the replacement property are transferred on the same day to complete the exchange. This seemingly simple transaction is littered with potential problems. Taxpayers performing such an exchange without the benefit of a Qualified Intermediary may risk losing the tax-deferred status of the transaction.
Using a Qualified Intermediary, such as Capital 1031 Exchange Company, assures the taxpayers that they do not have actual or constructive receipt of their funds, thus ensuring the preservation of safe harbor treatment under the Treasury Regulations. During the simultaneous exchange, Capital 1031 Exchange transfers the property to the proper entity and instructs the escrow/closing agent with respect to the disposition of the sale proceeds.
Capital 1031 Exchange Company specializes in four different types of exchanges.
Terminology for 1031 Exchanges
Capital 1031 Exchange Company
Real Property located in the United States and Real Property located outside the United States are not like kind.