The 1031 field guide
Know the rules before the clock starts.
Clear, CPA-led reading for owners weighing timing, replacement property, tax basis, and Qualified Intermediary coordination.
Fundamentals
The non-negotiables every exchanger should understand before signing a purchase agreement on the relinquished property.
- 1031 exchange rules and requirements
- The 45-day identification rule
- 1031 exchange deadlines: Day 0, 45, and 180
- How a Qualified Intermediary fits in
Exchange types
Most exchanges follow one of three structures. Each has its own document trail and timing rules.
- Delayed (forward) exchange — the most common
- Reverse exchange — replacement closes first
- Improvement / construction exchange
Property-type guides
The mechanics are the same across asset classes, but the planning details differ.
- Rental property exchanges
- Commercial property exchanges
- Raw land exchanges
- Investment property exchanges
Tax & strategy
Where the CPA lens matters most: boot, basis, depreciation, and how to think about replacement debt.