Section 1031-2026

See details

4.2 out of 5

57 votes

The document is an Exchange Agreement between an Owner and an Exchangor for the exchange of real property under I.R.C. § 1031 regulations. It outlines the assignment of contract rights, procedures for identifying and acquiring replacement properties, management of escrowed funds, and responsibilities of both parties. The agreement aims to facilitate a like-kind exchange while ensuring compliance with tax regulations.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out section 1031 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the section 1031 document in the editor.
Begin by filling in the date at the top of the form, ensuring accuracy for legal purposes.
In the 'Owner' and 'Exchangor' fields, enter the names of both parties involved in the exchange agreement.
Complete the property details, including location and county, as specified in the contract attached as Exhibit A.
For each assignment of contract rights, ensure that you clearly state any notices provided to other parties involved, referencing Exhibit B for format guidance.
Identify and specify any escrow accounts and amounts received upon closing, making sure to follow all outlined regulations for proper documentation.
Finally, review all entries for accuracy before signing. Utilize our platform's features to save your progress and share with relevant parties for their signatures.

Start using our platform today to streamline your section 1031 form completion for free!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a 1031 exchange and how does it work?

A 1031 exchange is a tax-deferred transaction. If a business owner has property they currently own, they can sell that property, and if they reinvest the proceeds into a replacement property, they can defer any capital gains taxes associated with that sale.

What are the disadvantages of a 1031 exchange?

Under Section 1031 of the IRC, no gain or loss is recognized on the exchange of property held for productive use in a trade or business if that property is exchanged solely for property of like kind that is held for productive use in a trade or business or for investment.

Do you have to reinvest $100 on a 1031 exchange?

Maximizing Tax Deferral: Deciding How Much to Reinvest In a standard 1031 exchange, you need to reinvest 100% of the proceeds from the sale of your relinquished property to defer all capital gains taxes. In a partial 1031 exchange, you can decide to keep a portion of the proceeds.

What disqualifies a property from being used in a 1031 exchange?

Property used primarily for personal use, like a primary residence or a second home or vacation home, does not qualify for like-kind exchange treatment. Both properties must be similar enough to qualify as like-kind. Like-kind property is property of the same nature, character or class.

What are the downsides of a 1031 exchange?

Real estate holdings can potentially increase in value, which may lead to a step-up in basis for your heirs. The main downsides to a 1031 exchange are the complexity and the potential for tax consequences if the rules arent followed carefully.

Security and compliance

At DocHub, your data security is our priority. We follow HIPAA, SOC2, GDPR, and other standards, so you can work on your documents with confidence.

Learn more

How much does it cost to do a 1031 exchange?

In most exchanges we can charge a flat fee which includes drafting all required 1031 documents and guiding you through the process. We can assist in most routine 1031 exchanges for a fixed fee of $925. Intermediaries will charge separately for their services but oftentimes their fees are near $300.

Section 1031-2026

Here's how it works

How to use or fill out section 1031 with our platform

Complete this form in 5 minutes or less

Got questions?

What is a 1031 exchange and how does it work?

What are the disadvantages of a 1031 exchange?

Do you have to reinvest $100 on a 1031 exchange?

What disqualifies a property from being used in a 1031 exchange?

What are the downsides of a 1031 exchange?

Security and compliance

People also ask

How much does it cost to do a 1031 exchange?

Related links

Try more PDF tools

Section 1031-2026

Here's how it works

How to use or fill out section 1031 with our platform

Complete this form in 5 minutes or less

Got questions?

What is a 1031 exchange and how does it work?

What are the disadvantages of a 1031 exchange?

Do you have to reinvest $100 on a 1031 exchange?

What disqualifies a property from being used in a 1031 exchange?

What are the downsides of a 1031 exchange?

Related Searches

Security and compliance

People also ask

How much does it cost to do a 1031 exchange?

Related links

Try more PDF tools