1031 Corporation
1707 N Main St, Ste 200
Longmont, CO 80501 US
Categories
  • Escrow Service

About 1031 Corporation

We are section 1031 exchange professionals offering nationwide Qualified Intermediary services and strategy consultation for tax-deferred, like-kind exchanges. We handle real estate exchanges as well as equipment, livestock, business and multiple asset exchanges. We specialize in reverse 1031 exchanges and improvement/construction exchanges.

1031 Corporation, headquartered in Longmont, Colorado, has been offering qualified intermediary services nationally since 1990. 1031 Corporation has been a leader in the development of like-kind exchange methodology and solutions and has assisted with thousands of successful tax-deferred exchanges.


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Services We Offer

A Delayed Exchange is an exchange where the replacement property is closed on at a later date than the closing of the relinquished property. This type of exchange is sometimes referred to as a "Starker Exchange" after the well known Supreme Court case in which ruled in the taxpayer's favor for a delayed exchange before the Internal Revenue Code provided for such exchanges.

A Reverse Exchange is an exchange in which the replacement property is purchased and closed on before the relinquished property is sold. Subsequent to the closing of the relinquished property (or simultaneous with this closing), the Intermediary conveys title to the replacement property to the taxpayer.

An Improvement Exchange is an exchange in which a taxpayer desires to acquire a property and arrange for construction of improvements on the property before it is received as replacement property. The improvements are usually a building on an unimproved lot, but also include enhancements made to an already improved property in order to create adequate value to close on the Exchange with no boot occurring.


Business Details

No. of Employees No. of Locations Year Founded
10 N/A 1990

Languages

  • English
  • Spanish

Hours of Operation

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Payment Options

  • Checks

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