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Types of Exchanges

A 1031 Exchange is an IRS-authorized process where like-kind business or investment properties are exchanged without immediate tax liability to the property owner (Exchangor).

The IRS requires that an Exchangor use a neutral third party, known as an intermediary or accommodator, to facilitate a 1031 Tax Free Exchange. Equity Advantage, Inc. is a qualified intermediary agency able to properly assess the current 1031 Exchange rules and assist Exchangors with the process.

The definitions for the following types of exchanges are provided by Equity Advantage. Visit 1031exchange.com to tap a wealth of reference materials regarding exchanges.

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