How to Find a Qualified Intermediary for Your 1031 Exchange

Many taxpayers want to get into the 1031 exchange game, but don’t know where to find a qualified intermediary to facilitate their transaction. In this article, we are going to offer up a few tips for finding a qualified intermediary for your 1031 exchange.

Ask Your Network

When you’re looking for a referral for anything, one of the best places to start is your existing network. Reach out to your real estate broker, your financial planner, your accountant, or your attorney and see if they can recommend an intermediary for your exchange. These professionals likely interface with qualified intermediaries during the course of their business and they can likely connect you with a trusted intermediary.

Do Some Research

You should also do your own research, even if you’ve been given a referral. Start with a Google search and find an intermediary with great reviews. Check out their web presence and see if they are a well regarded in the industry.

1031 Exchange Company – CPEC1031, LLC

CPEC1031, LLC is your go-to 1031 exchange company, ready to help answer all of your 1031 exchange related questions. We have more than two decades of experience in the like-kind exchange industry and are well-suited to guide you through the 1031 exchange process and help you avoid any potential pitfalls. We are here to help you defer capital gains taxes when you sell qualifying real estate. Contact us today at our downtown Minneapolis office to learn more about our 1031 exchange services and see how we can help you through the specifics of your next real estate 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.

© 2025 Copyright Jeffrey R. Peterson All Rights Reserved

2 Tips to Set Your 1031 Exchange Up For Success

In a 1031 exchange, there are many potential traps that can lead to failure. In this article, we are going to lay out a couple tips to set your 1031 exchange up for success.

Give Yourself Plenty of Runway

One of the biggest potential traps in a 1031 exchange is time. Like-kind exchanges have strict time tables that you have to follow if you want your exchange to succeed. You have only 180 days total from the start of your exchange to the finish. On top of that, you only have the first 45 of those days to identify your replacement property. If you go over on either of those deadlines, you put your exchange in jeopardy. It’s important to give yourself plenty of prep time before starting your exchange to make sure you have all your ducks in a row.

Work with a Skilled Intermediary

It’s also important to work with a qualified intermediary that has experience facilitating 1031 exchanges like yours. There are many intricacies in the 1031 exchange process so it’s important to partner with an intermediary who understands the process inside and out.

Find a Qualified Intermediary Near You

Find a qualified intermediary near you by contacting CPEC1031, LLC today. We have over twenty years of experience facilitating exchanges under section 1031 of the Internal Revenue Code for taxpayers across the United States. If you are looking for help deferring capital gains taxes when selling investment real estate, we can help. Contact us today to learn a bit more about the full extent of services we provide and see how we can assist you through the many details of your next 1031 exchange of 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.

© 2025 Copyright Jeffrey R. Peterson All Rights Reserved

Don’t Forget These 1031 Exchange Essentials

There are many important things to remember when it comes to 1031 exchanges of real estate. In this article, we’re going to talk about a few 1031 exchange essentials that you should always bear in mind during the like-kind exchange process.

Intent is Key

Before you begin a 1031 exchange, you need to make sure you have the right intent with your property. All property involved in your 1031 exchange needs to be held for investment or business purposes (not personal use). Are you holding your relinquished property with that mindset? Do you plan on using your replacement property for business or investment purposes? These are important questions to consider before you even begin your exchange.

Like-Kind Is Defined Broadly

All property in a 1031 exchange must be like-kind with one another. The good news is that the definition of “like-kind” in the realm of 1031 exchanges is quite broad. Basically all United States real estate is considered like-kind. So as long as your real property is held for investment or business purposes, you can use it in your 1031 exchange.

Get Help with Your Tax-Deferred Exchange of Real Estate

Get the help you need with your tax-deferred exchange of real estate by contacting the qualified intermediaries at CPEC1031, LLC today. With over two decades of experience, we are well suited to help guide you through all the ins and outs of your next 1031 exchange of real estate. Our qualified intermediaries have helped countless people defer taxes with 1031 exchanges and we can help you too! Reach out to our 1031 exchange professionals today to learn more about the 1031 exchange process and how we can help.

• 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.

© 2025 Copyright Jeffrey R. Peterson All Rights Reserved

3 Times to Consider a 1031 Exchange

There are many reasons why a taxpayer might engage in a 1031 exchange. In this article, we are going to talk about three times you might want to consider a 1031 exchange of your property.

You Want to Move to a Different Area

All property involved in a 1031 exchange must be like-kind. Thankfully, the definition of like-kind is quite broad and can include investment real estate anywhere in the United States. That means you can use a 1031 exchange to get out of a certain geographic area and into another. Perhaps you want to move your property to a more tax-advantageous state. Or perhaps you are retiring and moving from Minnesota down to Florida and you want to be closer to your investment property. A 1031 exchange is a great option for both of these scenarios.

You Want to Move Out of Management-Intensive Property

1031 exchanges can also be done between different industry sectors. For example, you could exchange a management-intensive property like an apartment complex for a less management-intensive property.

You Want to Defer Your Capital Gains Taxes

Ultimately, 1031 exchanges are about tax deferral. When done correctly, a 1031 exchange allows you to defer your capital gains taxes on the sale of your property. This is a huge benefit for taxpayers who want to keep their money working in a continuation of investment.

1031 Exchange Services in Minneapolis

If you are searching for help with your 1031 exchange, look no further! CPEC1031, LLC has decades of experience working on like-kind exchanges of all types both in Minnesota and across the country. Our team is ready and waiting to help you through all the specifics of your next real estate exchange. We can help prepare your documentation, make sure you are meeting all the 1031 exchange requirements, and get you ready to close on your properties. Reach out to our team of 1031 exchange professionals today at our downtown Minneapolis office to learn more about our services and see how we can help!

• 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.

© 2025 Copyright Jeffrey R. Peterson All Rights Reserved

Can You 1031 Exchange from Rental to Retail?

Many taxpayers have questions about what types of property they can and cannot use in a 1031 exchange. In this article, we are going to talk about 1031 exchanging between different industry sectors (rental, retail, agricultural, and beyond!)

1031 Exchanges Between Industry Sectors

One of the greatest benefits of doing a 1031 exchange is that you can exchange out of and into different industry sectors. For example, you can sell a rental property like a duplex and use your sales proceeds to purchase a retail space as your replacement property. So long as your property is like-kind, you can exchange between any industry sector that you wish.

Qualifying Property

It’s important to remember that your property, regardless of what industry sector it’s in, still needs to satisfy the 1031 exchange property requirements. Specifically, it needs to be like-kind and held for investment purposes or for use in your trade of business. Make sure you are meeting these requirements before you dive into your 1031 exchange.

Like-Kind Exchanges in Minneapolis

If you are interested in saving money in capital gains taxes when you sell investment real estate, a like-kind exchange may be a great option for you. CPEC1031, LLC can help you navigate the waters of your 1031 exchange, making sure you have a good grasp of the ins and outs along the way. We can help you achieve the capital gains tax deferral you’re looking for. Contact us today at our downtown Minneapolis office for more information about our services and how we can help you through the details of your next 1031 exchange of 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.

© 2025 Copyright Jeffrey R. Peterson All Rights Reserved