Video – Starker & Non-Simultaneous 1031 Exchanges

1031 exchanges date all the way back to 1921. For over 100 years, 1031 exchanges have existed in the tax code in some iteration. The big breakthrough that opened the floodgates was when T.J. Starker (a lumber baron from Oregon) decided to challenge the existing paradigm of the time. Back in the day, 1031 exchanges were thought to have to be simultaneous exchanges, where person A trades their farm to person B, and at the same time person B trades their farm to person A.

T.J. Starker decided to give up his relinquished property in exchange for replacement property that he would receive later. The IRS did not like this idea at the time. They took Starker to court. The case went all the way to the US Supreme Court, where Starker won on a procedural argument. As a result, we are now able to do non-simultaneous 1031 exchanges.

Defer Capital Gains Taxes with a 1031 Exchange of Real Estate

With a 1031 exchange of real estate, you can defer your capital gains tax burden when you reinvest your net proceeds into qualifying like-kind real estate. The 1031 exchange process is complex and requires a detail-oriented eye to ensure no deadlines are missed and no requirements are overlooked. A qualified intermediary at CPEC1031, LLC can help with all the ins and outs of the 1031 exchange process so you don’t have to. Reach out to our team of 1031 professionals today to learn more about how the 1031 exchange process works and see if you are a good candidate for 1031 treatment.

• Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

© 2026 Copyright Jeffrey R. Peterson All Rights Reserved

1031 Exchange Rules After Tax Reform: What’s Changed?

The most recent major tax reform that impacted 1031 exchanges was the Tax Cuts and Jobs Act (TCJA) of 2017. In this article, we are going to discuss what has changed in the world of 1031 exchanges since the TCJA was signed into law.

No More Personal Property Exchanges

In the realm of 1031 exchanges, the biggest change brought forth by the TCJA was the limiting of personal property exchanges. Prior to the TCJA, taxpayers could 1031 exchange personal property, such as aircraft, artwork, numismatic coins, and more. The TCJA effectively stopped personal property exchanges and limited section 1031 to exchanges of real estate held for investment or business purposes.

Today, you can only do a 1031 exchange of like-kind real estate (not personal property). Remember that any real estate used in a 1031 exchange must also be held for the purposes of investment or business. Your family home that you live in all year long would not be eligible for 1031 exchange treatment.

1031 Exchange Your Investment Property

1031 exchange your investment or business property and defer your associated capital gains tax burden. Section 1031 of the Internal Revenue Code is a powerful provision that is available for all US taxpayers to use. When done correctly, a 1031 exchange allows you to defer your capital gains taxes by reinvesting your net proceeds from the sale of your relinquished property into a new replacement property. It’s important to work with a qualified intermediary throughout the exchange process to ensure you are meeting all the requirements of section 1031. Work with a qualified intermediary at CPEC1031, LLC on your next exchange!

• Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

© 2026 Copyright Jeffrey R. Peterson All Rights Reserved

Video – Defining Like-Kind Real Property in a 1031 Exchange

“Like-kind” is one of the essential litmus tests in a 1031 exchange. Many people think that if they sell a single family rental, they need to buy another single family rental in order to do a 1031 exchange. That’s not true. So long as the replacement property is like-kind to the relinquished property, you can buy all sorts of property types (DSTs, TIC property, development rights, air rights, etc.) The definition of “like-kind” is very broad in the realm of 1031 exchanges of real estate.

CPEC1031, LLC – Qualified Intermediary Services

CPEC1031, LLC provides qualified intermediary services to taxpayers conducting 1031 exchanges across the state of Minnesota, as well as the entire United States. Our intermediaries are standing by to help you navigate the 1031 exchange process from start to finish. You can reach us at our Twin Cities office, located in downtown Minneapolis. Give us a call today to learn more about the 1031 exchange process and see how you can save money in deferred capital gains taxes when selling qualifying investment real estate.

• Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

© 2026 Copyright Jeffrey R. Peterson All Rights Reserved

From Landlord Burnout to Passive Income with a 1031 Exchange

Being a landlord comes with the benefits and the burdens of property ownership. In this article, we are going to explain how a 1031 exchange can help you go from landlord burnout to passive income.

The Downsides of Being a Landlord

Owning a rental property can have great financial benefits, but it also comes with a lot of work. You may have difficult tenants. You need to deal with constant maintenance issues. The list goes on. As they age, many investors who own rental property start to think about a way out of having to deal with the headaches that come with being a landlord. A 1031 exchange is a great solution to this problem.

How a 1031 Exchange can Help

With a 1031 exchange, you can sell your rental property and reinvest into a replacement property that offers more passive income (such as a DST). Best of all, you can defer your capital gains taxes on the sale.

Qualified Intermediaries You Can Trust

A 1031 exchange can be nerve-wracking simply because there’s a lot of money on the line. You want to make sure you have a trusted partner by your side every step of the way to ensure you satisfy all the requirements of section 1031 of the Internal Revenue Code. Put your trust in the qualified intermediaries at CPEC1031, LLC. Our team has been facilitating 1031 exchanges for decades in Minnesota and across the United States. We can help you save money in capital gains taxes. Give us a call today to learn more about the 1031 exchange process.

• Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

© 2026 Copyright Jeffrey R. Peterson All Rights Reserved

1031 Exchanges of Retail Properties

1031 exchanges can involve any like-kind property held for investment or business use – including retail property. In this article, we are going to discuss what you need to know about 1031 exchanges of retail properties.

What Type of Property Can You 1031 Exchange Into?

One of the most important aspects of any 1031 exchange is determining what replacement property you want to exchange into. Many people assume that if they’re selling a retail property they need to acquire a replacement property that’s also retail in nature. That’s not the case! You have a lot more freedom than that when it comes to selecting a replacement property. In fact, you can exchange into any like-kind real estate so long as it’s held for investment or business purposes. That means you can sell a retail property and exchange into an apartment building, a piece of farmland, or a DST. Section 1031 allows you the flexibility to exchange out of and into different real estate markets and industry sectors.

1031 Exchange Services in Minneapolis, MN

CPEC1031, LLC offers 1031 exchange services in Minneapolis, greater Minnesota, and the United States at large. Our qualified intermediaries have more than two decades of experience facilitating forward, reverse, and build-to-suit 1031 exchanges. No matter what type of exchange you are conducting, we have the knowledge and expertise to walk you through the 1031 exchange process and set you up to successfully defer 100% of your taxable gain. Contact us today to learn more about the exchange process and see if your property qualifies for 1031 exchange.

• Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

© 2026 Copyright Jeffrey R. Peterson All Rights Reserved