A 1031 exchange is a powerful tax-deferral strategy that allows real estate investors to sell an investment property and reinvest the proceeds into another qualifying property while deferring your capital gains tax burden. To qualify, both the sold and replacement properties must be held for investment or business use, not for personal use or resale.
Timing is critical when completing a 1031 exchange. Investors have 45 days from the date of the replacement property sale to identify all of your replacement property and 180 days to finalize the replacement property purchase. Because the IRS rules can be complex, it’s important to work with a qualified intermediary who can ensure every step of the exchange meets legal requirements.
Professional 1031 Exchange Services in Eagan & the Surrounding Twin Cities Area
At CPEC1031, LLC, we provide comprehensive 1031 exchange services to clients throughout Minnesota, including Eagan and the greater Twin Cities Metro. Our experienced team can guide you through every detail of the like-kind exchange process, helping you defer taxes, preserve equity, and strategically grow your wealth.
We proudly work with investors in Eagan and nearby communities such as Burnsville, Apple Valley, Mendota Heights, Inver Grove Heights, and Rosemount.
Keep More of Your Gains Working for You in Eagan, MN
The main advantage of a 1031 exchange is simple: you can reinvest your profits into new like-kind real estate instead of paying taxes upfront. By deferring your capital gains, you retain more of your investment capital, allowing your money to continue growing in a new replacement property.
A 1031 exchange also provides flexibility to adjust your investment portfolio. For example, you might sell a commercial space in Minneapolis and use a 1031 exchange to purchase a multifamily property in Eagan, deferring taxes while shifting your investments to meet your goals.
Reach Out to a 1031 Exchange Company Near Eagan, MN
If you’re thinking about exchanging your investment property in a 1031 exchange transaction, reach out to CPEC1031, LLC today for guidance. Our qualified intermediaries have more than twenty years of experience in the 1031 exchange industry. You can find us at our primary offices, which are located in the heart of downtown Minneapolis. Live outside of the Twin Cities? No problem! We provide 1031 exchange services to clients throughout the state of Minnesota and across the United States. No matter where your property is located, we can help you through the 1031 exchange process.