Defer Capital Gains on Your Rental or Commercial Property
WHAT WE DO
Buying and selling real estate property is a wise investment, so long as you can keep your money and put it to work for you. 1031 exchanges are a great strategic choice for deferring taxes and maximizing return on investment. They allow you to keep more equity and reinvest for better long-term results. We handle exchanges in all 50 states, including cross-state deals, multi-family, commercial, land, oil & gas, tenant in common, reverse, improvement, etc.
Our streamlined process, guidance from experienced professionals, and security measures to protect your financial interests will help you avoid capital gains taxes, preserve equity, ensure compliance, and save tax dollars.
Understanding Exchanges
Under Section 1031 of the IRS tax code, if you are a business owner who owns property, you can sell it and reinvest the proceeds into a replacement property, deferring capital gains taxes and avoiding 'boot' and depreciation recapture. You can even defer taxes indefinitely through successive delayed exchanges.
Primary residences are not eligible for exchange, but vacation or second homes can be, as long as you follow safe-harbor rules.
For standard exchanges, you sell your current property, then identify and purchase a replacement property. There are also reverse exchanges, where the replacement property is purchased before the current property is sold, or improvement exchanges where the replacement property is purchased and then improved.
Asset Exchange of Oklahoma, L.L.C.
Since 2000, Asset Exchange of Oklahoma, L.L.C., an Oklahoma Corporation, has been locally owned and operated, providing trusted qualified intermediary services for Section 1031 tax-deferred exchanges. With over two decades of experience serving clients both locally and nationally, we are committed to ensuring every exchange is handled with precision, compliance, and the highest level of professionalism. Our team safeguards your interests while navigating all applicable IRS regulations, delivering the clarity and confidence you need for a seamless transaction. To learn more or engage our services, please contact us by phone, email, or fill out this contact form. All inquiries are handled promptly.