1031 Exchange Basics in Burns, OR

1031 Exchange Like Kind Property in Burns, OR

Understanding the Fundamentals in Burns, OR

A 1031 exchange is one of the most powerful tools available to real estate investors in Burns, OR, allowing you to defer capital gains taxes when selling an investment property in Burns, OR and reinvesting in another. This strategy enables you to preserve more of your capital, build wealth, and expand your real estate portfolio without the immediate tax burden.

We simplify the exchange process in Burns, OR, ensuring you stay compliant with IRS regulations while maximizing your investment potential.

What Is a 1031 Exchange in Burns, OR?

A 1031 exchange, named after Section 1031 of the Internal Revenue Code, allows investors in Burns, OR to sell one investment property in Burns, OR and purchase another of equal or greater value without paying immediate capital gains tax. Instead of cashing out and triggering a taxable event, your proceeds are transferred to a Qualified Intermediary (QI)—like us—who holds the funds until you acquire a replacement property.

By deferring taxes, you can reinvest 100% of your proceeds in Burns, OR, giving you more purchasing power for your next investment.

Tax benefits of a 1031 exchange in Burns, OR

Qualified Intermediary holding funds in Burns, OR

How Does a 1031 Exchange Work in Burns, OR

Plan Your Exchange in Burns, OR

Before selling your property in Burns, OR, consult with a 1031 exchange expert to ensure your transaction is properly structured.

Sell Your Property in Burns, OR

Once your property sells, the proceeds are transferred to a Qualified Intermediary in Burns, OR—not directly to you—to maintain compliance with IRS rules.

Identify a Replacement Property in Burns, OR

Within 45 days of selling your original property in Burns, OR, you must identify one or more potential replacement properties in writing in Burns, OR.

Purchase the Replacement Property in Burns, OR

You have 180 days from the sale of your original property to close on the new property using the proceeds held by your QI in Burns, OR.

Complete the Exchange & Defer Taxes in Burns, OR

By following IRS rules and deadlines, you successfully defer capital gains tax and reinvest in a new property in Burns, OR without losing money to taxes.

Key 1031 Exchange Rules & Requirements in Burns, OR

Like-Kind Requirement
– The replacement property in Burns, OR must be of the same nature (investment or business use real estate).
45-Day Identification Rule
– You must identify potential replacement properties within 45 days in Burns, OR of selling your original property.
180-Day Exchange Rule
– You must close on the new property within 180 days of selling your original property in Burns, OR.
Qualified Intermediary (QI) Requirement
– Funds must be held by a third-party intermediary in Burns, OR to ensure IRS compliance.
Equal or Greater Value Rule
– To defer all taxes, the new property in Burns, OR must be of equal or greater value than the one sold.

Types of 1031 Exchanges in Burns, OR

1

Forward Exchange (Traditional 1031 Exchange) – Sell your property first, then purchase the replacement property in Burns, OR within the IRS deadlines.
2

Reverse Exchange – Acquire the replacement property in Burns, OR before selling the existing one for greater flexibility.
3

Build-to-Suit (Construction Exchange) – Use exchange proceeds to improve or build on the replacement property in Burns, OR.
4

Delayed Exchange – The most common type, where funds are held by a Qualified Intermediary in Burns, OR while you find a replacement.
5

Simultaneous Exchange – The sale of the relinquished property and purchase of the replacement occur on the same day.

Benefits of a 1031 Exchange in Burns, OR

A 1031 exchange allows real estate investors in Burns, OR to defer capital gains taxes, keeping more money working for them instead of paying it to the IRS. By reinvesting 100% of the proceeds, investors gain more buying power, making it easier to upgrade to a larger or better-performing property in Burns, OR.

This strategy also helps with portfolio growth and diversification in Burns, OR, allowing investors to explore new markets, property types in Burns, OR, or higher-value assets. Additionally, a 1031 exchange offers estate planning benefits, reducing tax burdens for heirs while enabling long-term wealth accumulation without IRS penalties.

Benefits of a 1031 Exchange in Burns, OR

Common 1031 Exchange Mistakes to Avoid in Burns, OR

Missing IRS Deadlines – The 45-day and 180-day rules in Burns, OR are strict.
Touching the Sale Proceeds in Burns, OR – If you take possession of the funds, you’ll owe taxes.
Choosing an Unqualified Intermediary in Burns, OR – A trusted QI ensures compliance and security.
Failing to Meet the Like-Kind Rule – Make sure your replacement property qualifies under IRS guidelines.
Not Reinvesting Enough – If you buy a lower-value property, you may owe partial capital gains tax.

Why Choose 1031 Exchange Network in Burns, OR?

No-Fee Exchanges – Keep more of your money in Burns, OR—$0 upfront fees and interest-bearing accounts.
Security & Compliance – Funds held in segregated FDIC-insured accounts in Burns, OR for ultimate safety.
Available 7 Days a Week – Get expert guidance when you need it, from 8 AM–Midnight (EST).
50+ Years of Expertise – Attorneys, CPAs, and exchange specialists in Burns, OR guiding every transaction.
Nationwide Service – We facilitate 1031 exchanges across all 50 states in Burns, OR.

Get Started with a 1031 Exchange Today in Burns, OR

The 1031 exchange process in Burns, OR doesn’t have to be complicated—especially when you have the right partner. We make it seamless, secure, and fee-free so you can focus on growing your real estate investments in Burns, OR.

Start Your Exchange Schedule a Free Consultation