Asset focus
Challenges
- Investors sometimes underestimate their gain because they forget to subtract accumulated depreciation from basis
- Partnership and LLC ownership can complicate who is eligible to participate in a 1031 exchange on the sale
- Waiting until after closing to consider a 1031 exchange eliminates the option, since the exchange must be structured before the sale closes
What we deliver
- A basis and gain worksheet tailored to your investment property
- A plain language explanation of how ownership structure affects your 1031 exchange eligibility
- A pre closing checklist to preserve the option to defer gain through a 1031 exchange
Related services
Find replacement properties for your 1031 exchange
Understand how federal capital gains tax applies when you sell a rental
Understand the stepped up basis rule for inherited real estate
Understand the structures investors use to earn passive income from real estate
FAQ
How quickly can this service move in Austin, TX?
We begin the workflow immediately and keep stakeholders informed across Austin, TX.
Does this service cover markets outside Austin, TX?
Yes. We coordinate local partners so you can execute in any state while staying anchored in Austin, TX.
Who leads lender and Qualified Intermediary conversations in Austin, TX?
We coordinate with your lenders and Qualified Intermediaries, while reminding everyone that we are not a Qualified Intermediary. Every update references the exchange timeline in Austin, TX.
What documentation is delivered?
You receive organized summaries, letters, and trackers that make it easy to brief partners in Austin, TX.