Asset focus
Challenges
- Homeowners sometimes miscalculate the two of five year test when they have moved in and out of a property multiple times
- The interaction between Section 121 and a prior 1031 exchange on the same property is a frequently misunderstood area
- Married couples who do not both meet the use test may only be entitled to the single filer exclusion amount
What we deliver
- A review of your ownership and use timeline against the Section 121 requirements
- A plain language explanation of your available exclusion amount
- Guidance on the five year rule if your property has prior 1031 exchange history
Related services
Find replacement properties for your 1031 exchange
Coordinate standard forward exchanges
Structure reverse exchanges
Manage identification deadlines
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.