In 1988, Investors Title Exchange Corporation, a sister company, was established to provide commercial real estate exchange services under Section 1031 of the Internal Revenue Code. Under this structure, Investors Title Exchange Corporation acts as a qualified intermediary in tax-deferred exchanges. Investors Title Accommodation Corporation, a sister company, was established in 1994 as an exchange accommodation titleholder in safe-harbor reverse exchanges. A properly structured tax-free exchange allows a taxpayer to defer capital gains taxes on the exchange of qualifying property.
For more information on exchange transactions, please review Basic Guidelines for a Like-Kind Exchange.
The proposed $1.8 trillion American Families Plan includes a $500,000 gain cap on like-kind exchanges as a means to pay for the proposal, which is a direct threat to Section 1031. Learn more about how you can help preserve 1031 exchanges: Call to Action.
(IRS Circular 230 Disclaimer: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.)