CPA-led 1031 exchange guide
1031 Exchange CPA Advisor
A 1031 exchange isn't just paperwork — it's a tax transaction. Working with a CPA-led advisor means the questions that actually determine your tax outcome get asked before, not after, the relinquished property closes.
What a CPA-led advisor adds
Document-only QIs handle the wire and the paperwork. A CPA-led advisor also models the tax consequences of your replacement plan.
- Boot exposure from equity, debt, and seller credits
- Depreciation recapture and basis carryover
- Partnership and LLC entity issues (drop-and-swap, swap-and-drop)
- State tax implications when crossing state lines
- Timing of the exchange relative to your tax return
Coordination with your tax preparer
Brandon doesn't replace your existing CPA — he coordinates the planning conversation with them. i1031 provides the Qualified Intermediary records, and your filing CPA remains responsible for Form 8824 and transaction-specific tax conclusions.
When the CPA lens matters most
Multi-property exchanges, partnership interests, related-party scenarios, construction exchanges, and any time the equity-debt math is close to creating boot.
Frequently Asked Questions
Do I still need my own CPA?
Yes. Brandon coordinates with your existing tax preparer; he does not replace them for return preparation.
Can Brandon do the exchange and the tax return?
Brandon's role is CPA-led exchange guidance and coordination with i1031. Return preparation stays with your tax preparer, while i1031 serves as the Qualified Intermediary.