Our goal is to
create comfort with
the 1031 exchange process
Please contact us to set up an exchange
The 7 steps to complete a 1031 Exchange
Fact sheet covering the basics of 1031 exchanges
Article on who can be a Qualified Intermediary (hint: not your attorney or real estate agent)
Article on calculating gain when doing a 1031 exchange
Fact sheet discussing when to consider doing a 1031 Exchange
Article on vacation homes and 1031 Exchanges
IRS publication 544 where chapter 1 has information on exchanges
What taxes are due upon selling property
Gain 1031 Exchange Co. is managed by Patrick T. Harrigan. Patrick is a Certified Exchange Specialist and a member of the Federation of Exchange Accommodators reflecting the highest standard in knowledge and expertise in the exchange industry
September 22, 2024 - Gain 1031 Exchange is proud to be a Sponsor of the Wisconsin Realtor Association 2024 Convention
We realize that what most exchange customers want from their exchange company are answers. Sometimes the exchange process is not intuitive. We strive to provide straightforward information about exchanges and we handle every type of exchange from the simplest to the most complex
A 1031 exchange, also known as a like-kind exchange, tax free exchange or Starker exchange is a way to defer payment of taxes on the sale of real estate. The seller cannot sell the property outright. To have a valid exchange, the property being sold must be exchanged for other property through a specific process.
That is where we come in. The exchange rules require using a Qualified Intermediary, such as Gain 1031 Exchange Company, to facilitate the exchange and hold the proceeds funds from the sale in an escrow account. If the seller/exchanger touches those proceeds funds, they become taxable.
