Asset focus
Challenges
- Owners sometimes assume any property they own qualifies for a 1031 exchange, regardless of how it was actually used
- Inconsistent recordkeeping of rental days versus personal use days weakens the case for investment intent
- Converting personal use to rental use shortly before a sale, without a genuine holding period, invites scrutiny
What we deliver
- A usage history review measured against the Internal Revenue Service safe harbor guidance
- A plain language assessment of whether your second home likely qualifies as investment property
- Recordkeeping recommendations to strengthen a future exchange position
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.