Field Guide to 1031 Exchanges
(Updated April 2016)
Section 1031 of the U.S. Internal Revenue Code allows investors to defer capital gains taxes on the exchange of like-kind properties. 1031, or tax-deferred, exchanges hold great advantages for both investors and REALTORS®. This field guide provides access to articles, manuals, forms, ideas, and other information to help you start building your 1031 niche. (A. Scoulas, Information Services Coordinator)
E - EBSCO articles available for NAR members only. Password can be found on the EBSCO Access Information page.
1031 Exchanges: The Basics
The Power of Section 1031 Exchanges for Tax and Estate Planning, (Orange County Business Journal, Apr. 11, 2016) E
Selling your house? Two is the magic number for a big tax break, (The Washington Post, Apr. 8, 2016)
Under Scrutiny, (Shopping Centers Today, Nov. 2015) E
The 4-1-1 on 1031 exchanges, (The Journal Record, Aug. 27, 2015) E
What Happens When You Receive a Promissory Note for Your Relinquished Property in a Section 1031 Exchange?, (Journal of Passthrough Entities., Jan./Feb. 2015) E
Compound logic: The Wealth-Building Power of 1031 Exchanges Just Makes Sense, (Commercial Investment Real Estate, Sept.-Oct. 2008).
Property taxes can trim taxes, (Investor’s Business Daily, Nov. 11, 2013). E
1031 exchange data since 1995, (The Source, Dec. 14, 2012).
Hot Swap: Property Exchanges: As boomers retire and relocate, these tax-deferred deals offer a sweet way to offload real estate investments, (Financial Planning, Dec. 2012). E
How to Buy Like-Kind Exchange Property, (Bankrate.com, Sept. 13, 2012).
Internal Revenue Code Section 1031, (Wikipedia).
1031 Exchange Manual, (1031 Corporation).
1031 Exchange Do's and Don'ts, (National Real Estate Investor, Aug. 1, 2007).
Rules, Forms, & Guidelines From the IRS
1031 Exchanges for REALTORS®
Section 1031 Like-Kind Exchange, (National Association of REALTORS®).
1031 Tax Deferred Like-kind Exchanges, (REALTORS® Land Institute Blog).
2015 NAR President’s Op-Ed: Proposal to End Popular Tax Exemption Draws Scrutiny (Scotsman Guide, Jan. 2016).
Like-Kind Exchange Survey, (National Association of REALTORS®, July 2015).
1031 Exchanges: Every investor can use this reinvestment tool. (Commercial Investment Real Estate, Nov./Dec. 2015).
Advocacy: 5 Things to Know About 1031 Like-Kind Exchanges, (Commercial Connections, Summer 2015).
Section 1031 Exchanges are Important to a Healthy Economy, (Terra Firma, Aug. 2015).
Don’t Let Clients Miss a Big 1031 Exchange Opportunity, (REALTOR® Magazine Daily Real Estate News, Nov. 12, 2013).
1031 Timing: Reverse Exchanges Can Go in Either Direction, (Commercial-Investment Real Estate, May-June 2012).
The ‘State of the Art’ in Like-Kind Exchanges, 2012, (Journal of Taxation, May 2012). E
Are Underwater Like-Kind Exchanges the Answer?, (Journal of Taxation, Nov. 2011). E
1031 Exchanges in a Foreclosure Situation, (BiggerPockets.com, Mar. 5, 2010).
How to Maximize Your 1031 Exchange, (National Real Estate Investor, Mar. 2010). E
Like-Kind Exchanges: Issue Summary, (National Association of REALTORS®).
Quiz: 1031 Exchanges, (REALTOR® Magazine Online).
What Happens When you Sell an Exchange Property at a Loss?, (Realty Times, Mar. 5, 2009).
Exchange Your Strategy; Investors Should Consider Alternatives to 1031 Transactions, (Commercial-Investment Real Estate, Nov.-Dec. 2008).
1031 Exchanges: Tax-Deferred, Not Tax-Free, (REALTOR® Magazine Online, Nov. 5, 2008).
click to enlarge
Delaware Statutory Trusts (DSTs)
TIC Tactic: The Delaware Statutory Trust Offers 1031 Alternative for Group Investors, (Commercial-Investment Real Estate, May-June 2009).
Using a DST in a 1031 Exchange, (Investor’s Business Daily, Feb. 18, 2014). E
TIC 2.0: DSTs are the Future of 1031 Real Estate Investing, (Commercial-Investment Real Estate, May-June 2013).
The Revival of the Delaware Statutory Trust, (Real Estate Investment & Finance, Jan. 28, 2013). E
Guide to 1031 Exchanges: Basics, Resources & Intermediaries (BiggerPockets.com) -- Quick overview of how 1031 exchanges work, with links to recommended resources and a list of qualified intermediaries.
Federation of Exchange Accomodators (FEA)—Professional organization for exchange specialists. Includes directory of exchange companies & specialists around the U.S.
eBooks & Other Resources
Our eBooks collection contains a plethora of both audio and electronic books for learning a diversity of foreign languages and cultural etiquette standards. Below you will find a sampling of materials available; to identify additional materials visit our Library Catalog Advanced Search page and search for Subject: International or Subject: Foreign.
Books, Videos, Research Reports & More
The resources below are available for loan through Information Services. Up to three books, tapes, CDs and/or DVDs can be borrowed for 30 days from the Library for a nominal fee of $10. Call Information Services at 800-874-6500 for assistance.
Building Wealth through 1031 exchanges, By Thomas Moylan & Moore McLaughlin, (All States 1031 Exchange Facilitator, LLC, 2006).
1031 Exchanges: How They Work, (Professional Exchange Accomodators, LLC. 2005).
The Tax-Free Exchange Loophole, By Jack Cummings, (John Wiley & Sons, Inc., 2005).
Field Guides & More
These field guides and other resources in the Virtual Library may also be of interest:
Many websites, such as Wikipedia, can be great resources to quickly orient yourself on a subject before conducting more in depth research. However, anyone in the world can create and maintain a website or write a seemingly legitimate article and may, intentionally or unintentionally, publish false or “misinformation.” When reviewing information on the Internet, you should always consider the ABC’s:
- Accuracy. Is the information accurate? Can you confirm the same information using other resources published by a different author or organization?
- Author. Who composed the information? Can you easily identify the author and contact the author or website publisher?
- Bias. What bias might the author or author organization have?
- Credibility. What are the author’s or author organization’s credentials for publishing the information? What expertise, experience, or education does the author have in this area that makes him or her qualified to write on the subject matter?
- Currency. When was the web page last updated? Is it possible the information might have changed since this web page was last published?
- Critical eye! Remember to always use your discretion and critical eye to determine whether information you find on the web (or even in books and news sources!) is trustworthy. Putting websites to the ABC test will get you started in developing a strong critical eye.
Have an Idea for a New Field Guide?
Click here to send us your suggestions.
The inclusion of links on this field guide does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this field guide complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.