Like-kind exchanges
1031 Exchange Transactions in Shafter, CA
The sale and the purchase coordinated so the exchange deadlines are met and your replacement property is the right one.
An Exchange Runs on Two Hard Deadlines
A 1031 exchange lets an investor sell property held for business or investment and buy like-kind replacement property, with the goal of deferring capital gains tax. The rules are strict, and the calendar is the part most people underestimate. From the day the relinquished property closes, you have 45 days to identify replacement property in writing and 180 days to close on it, and the 180 days can end sooner if your tax return comes due first. Neither deadline stretches for a slow escrow or a deal that falls apart. Real Estate Agent Shafter handles the real estate side of both transactions: pricing and selling the property you are giving up, then finding, evaluating and negotiating the replacement. That might mean trading a rental house for a commercial building, farmland for a leased storefront or several small properties for one larger one. We work alongside your qualified intermediary, who holds the sale proceeds, and your tax advisor, who decides what works for your situation. We do not give tax advice, and we do not promise tax results. What we do is keep both escrows lined up with the exchange timeline.
What Exchange Coordination Includes
Your intermediary and tax advisor handle the exchange rules. These are the real estate pieces we handle.
Relinquished property sale
Pricing from comparable sales, marketing and negotiation on the property you are selling.
Timeline planning
The 45-day identification and 180-day closing dates mapped before your sale goes under contract.
Replacement search early
Looking at candidate properties before the sale closes, so the 45 days are not spent starting from zero.
Identification support
Organizing the properties you may identify so you and your intermediary can meet the written deadline.
Property analysis
Income, expenses, leases and condition reviewed on each replacement option.
Contract timing
Escrow periods and contingencies written to fit inside the exchange window.
Team coordination
Regular contact with your qualified intermediary, tax advisor, lender and escrow officer.
Like-kind property types
Residential rentals, commercial, agricultural and investment property can all be part of the search.
How an Exchange Comes Together
Plan before you sell
We talk through the property you want to sell and what you hope to buy. You confirm the exchange plan with your tax advisor and line up a qualified intermediary before the sale closes, which is required.
Sell and search in parallel
Your property goes to market while we look at replacement options. When the sale closes, the 45-day identification clock starts, and you already have a short list to work from.
Identify, negotiate and close
You identify replacement property in writing through your intermediary. We negotiate the purchase, track every contingency and keep the closing on course inside the 180-day window.
- 45-day plan
- 180-day tracking
- Intermediary coordination
- Sale and purchase
Thinking About an Exchange?
The best time to plan is before your property goes under contract. Call and we will talk through the sale, the replacement search and the timeline.