Plain-language 1031 exchange guides covering qualified intermediaries, deadlines, boot, and related-party rules for New York City investors.
Why a qualified intermediary is required in a New York City 1031 exchange, how the safe harbor protects against constructive receipt, and what the QI does and does not handle.
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How the 45-day identification window works in a New York City 1031 exchange, including the three-property, 200%, and 95% rules and how each applies across the boroughs.
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How the 180-day deadline works in a New York City 1031 exchange, including the interaction with the taxpayer's tax return due date and filing extensions.
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What qualifies as like-kind property in a New York City 1031 exchange, why almost all investment and business real property qualifies, and what does not.
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What boot means in a New York City 1031 exchange, how cash boot and mortgage boot are created, and why leveraged five-borough sales generate boot risk more often than sellers expect.
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How the Section 1031(f) related-party rules apply to a New York City exchange, including the two-year holding requirement and the traps that most often void the deferral.
ExploreHow a reverse 1031 exchange works in New York City, including the exchange accommodation titleholder, the parking arrangement, and why the structure costs more than a forward exchange.
ExploreHow an improvement or build-to-suit 1031 exchange lets a New York City taxpayer use exchange funds for construction on the replacement property inside the 180-day deadline.
ExploreShare the dates, property details, and open questions for your New York City exchange.
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