Vivinavi : Los Angeles : (United States) Los Angeles

1031Exchange or Tax-deferred exchange is a tax deferral method available to real estate investors in the US.

When selling a property that is not occupied by the owner, i.e. a property that is rented to others, the seller will of course make a profit and would normally The seller will make a profit and will usually have to pay a large amount of tax.

However, if you buy another property as Investment Property at the same time or a little later, you can postpone the tax.

The method of staggering the time between sale and purchase is called Starker exchange . The timeline is,

●Identify the purchased property within 45 days after the property sells.

●Close the transaction to purchase （ alternate property ） within 180 days after the property is sold.

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But when the property is sold, the seller should not receive any profit from the sale.

A third party will keep the profit once the property is sold.

That third party, the person in charge, may be called 1031 Exchange Accommodators or Facilitators, or Qualified Intermediaries.

Normal home sales that are not 1031exchange also involve a variety of people.

Realtor™ (Real Estate Agent), Title Officer, Escrow Officer, Transaction

Coordinator, and so on,

And when it comes to 1031 Exchange, there are even more important people involved, 1031 Exchange Accommodator .

He or she （ will be entrusting a lot of money to the 1031 Exchange Accommodator ） so you want to find someone you can trust! I would like to find someone I can trust.

You may want to do some research on Google, etc., but you want to find a Realtor or broker that you trust and that they have used before 1031 Exchange Accommodators would be the best way to be sure.