1031 Exchange Coordination
A 1031 exchange lets an investor defer capital gains by rolling proceeds into a like-kind property. The deadlines are strict, and Atlas closes both legs to keep the exchange on the clock.
Under Section 1031, an investor who sells investment property can defer the capital gains tax by reinvesting in a like-kind property, as long as the strict identification and closing deadlines are met and a qualified intermediary holds the proceeds.
Atlas coordinates the closing on the relinquished property and the replacement property with your qualified intermediary, makes sure the exchange documents are in the file, and times the disbursements so the proceeds never touch the investor's hands.
What’s included
Intermediary coordination
We work directly with your qualified intermediary so funds flow through the exchange correctly.
Deadline tracking
Closings scheduled around the 45-day identification and 180-day completion windows.
Both legs closed
Settlement on the property you sell and the property you buy, with exchange documents in place.
Who it’s for
Real estate investors deferring capital gains, and the qualified intermediaries and CPAs who structure the exchange.
Common questions
- Do you act as the qualified intermediary?
- No. The IRS requires an independent qualified intermediary to hold the exchange funds. Atlas is the title and settlement agent, and we coordinate the closings with the intermediary you choose.
- What are the key 1031 deadlines?
- From the day the relinquished property closes, you have 45 days to identify replacement property and 180 days to close on it. We schedule the closings to fit inside those windows.
Ready to open a file?
Call Atlas and we will open your file the same business day.