1031 Exchange Properties in Indianapolis, Indiana

1031 Exchange Properties Indianapolis IndianaA 1031 exchange is an Internal Revenue Service approved strategy to defer federal capital gains and recaptured depreciation taxes when selling real property. The 1031 Internal Revenue code is used by the individual or corporate investor.

In Indianapolis and surrounding communities farmland, single family rentals and commercial buildings are the typical type of 1031 property exchanged. More recently foreclosures and short sales represent buying opportunities for businesses and the individual investor.

Eligible 1031 exchange properties all have in common similar intent and fact pattern. The intent is to hold the property for investment or for use in a business or trade. The fact pattern supports the intent including how long the property was held, how the property is reported on federal and state tax returns, was the property in a rental pool and was there limited personal use. There is a wide range of real 1031 exchange properties that when sold can defer the federal and state capital gains tax along with the recaptured depreciation. 

1031 Exchange Properties

  • Indianapolis Convenience stores
  • Indianapolis Commercial buildings and warehouses
  • Indianapolis Vacation homes
  • Indianapolis Gas stations
  • Indianapolis Apartments
  • Indianapolis Hotels and Motels
  • Indianapolis Rental properties
  • Indianapolis Conservation easements
  • Indianapolis Timberland
  • Indianapolis Communication towers  

Atlas 1031 Exchange works with individuals and professional advisers to accommodate 1031 exchanges as part of tax planning strategies. There are many types of exchanges including forward or delayed, simultaneous, reverse, build to suit property exchanges. Each follows 1031 exchange requirements providing 1031 security and transparency.

We manage each 1031 exchange meticulously, holding the exchange proceeds in non commingled, interest bearing accounts, secured by the Federal Deposit Insurance Corporation (FDIC). Multiple banks can be used to hold the 1031 exchange proceeds. Accounts are secured by either a personal identification number known only to the Exchangor and the bank or a Qualified Escrow Account requiring the Exchangor's notarized signature authorizing disbursement.

To learn more, Contact Us and sign up for our newsletter Exchange Tips and Information. Register for Twitter, Facebook or LinkedIn to receive IRS updates on 45 and 180 day extensions and pertinent Court rulings.