Section 1031 Exchanges

As part of ORBA’s commitment to planning with our real estate clients, we always consider whether a Section 1031 or like-kind exchange is the right approach for a transaction. The ORBA team has extensive experience with this tax deferral technique, including assistance with finding and evaluating eligible replacement properties, compliance with strict identification and acquisition time limits and experience with the use of qualified intermediaries. With the advent of Qualified Opportunity Zones, the government has provided a new method of deferring and partially eliminating tax on the sale and exchange of property. ORBA can help you in navigating the complex rules and finding Qualified Opportunity Zones.

Do you want to diversify your real estate portfolio by acquiring different types of properties with the exchange proceeds? ORBA will analyze various types of properties to determine like-kind status.

Could successive like-kind exchanges be a valuable estate planning tool to permanently avoid gain recognition? ORBA has experience in estate and family planning for these transactions.

We also guide clients through multi-party deferred and reverse exchanges when the situation demands a more complex approach.

Our ability to identify the risks and benefits of structuring a Section 1031 exchange can aid clients in making critical business decisions with an eye toward minimizing taxes and maximizing value.