1031 Exchange Experts

Home | About Us | 1031 FAQ | Library | Tools | Request Funding Docs | Resources | Apply Online | Site Map | Contact Us
  Phone - -
Browse by Topic
  Why Use Haven Exchange
  Fidelity Bond Program
  Real Estate Capital Gains Tax
  1031 Exchange Requirements
  Real Estate Investing
  Qualified Intermediary
  Open a New 1031 Exchange
  1031 Exchange Information
  Tenant in Common
  1031 Tax Deferred Exchange
  1031 News!
  TIC Investment
  Reverse 1031 Exchange
  1031 Guide
  1031 Do's and Dont's
  Earnest Money Deposits
  Exchange Doc for Buyer

$650 covers you for one relinquished property and one replacement property.

An additional $175 will be charged for each replacement property purchased afterwards.

There's a $30 wire fee for outgoing wires.

That's it.

AND we pay interest on the funds while we
hold them.

What is Like-Kind Property?

When an Exchanger is exchanging real property, like-kind is one of the real advantages of 1031 exchanges. All real property is like-kind with all other real property. Like-kind refers to how the property is held by the investor, not the type or character of property. The Exchanger must have held the relinquished property for investment or for productive use in their trade or business and intend to do the same with the replacement property. The following are examples of like-kind properties:

  • Residential for commercial.

  • Bank building for swamp land.

  • Bare land for residential rental.

  • Fee simple interest for 30-year leasehold.

  • Single family rental for multi-family rental.

  • Non-income producing for income producing.

  • Rental mountain cabin for a dental office in which the exchanger intends to practice.

If the Exchanger is exchanging personal property the rules are far more restrictive. Definitions of what is considered real property and personal property can vary from state to state. It is essential to consult with a tax advisor when structuring personal property exchanges because one transaction may have multiple exchanges, involving tax deferral on both the personal and real property. Personal property is considered like-kind only if it appears in the same General Asset Class or Product Class. Therefore the Exchanger may exchange:

  • Dump truck for a dump truck.

  • Garbage routes for garbage routes.

  • Tofu equipment for tofu equipment.


Fidelity Bond Program
  Learn about Our Fidelity
Bond Coverage
  Click Here  
Haven is the Best
Customers Experience with Haven Exchange
  See what our Customers
have to say about us
  Click Here  
1031 Wise Presentation
  Use 1031 Strategy
To Build Wealth
  Click Here  
© Copyright 2008 Haven Exchange, Inc. All Rights Reserved

For more information feel free to Contact Us