1031 Exchange Information
A 1031 exchange lets an investor defer capital gains by rolling proceeds from one investment property into another, and the rules are unforgiving on timing: 45 days to identify replacement property, 180 days to close.
That clock is the reason exchanges fail. Line up your qualified intermediary before you sell, not after, and have candidate properties identified early — in a market as thin as the Upstate's investment inventory, 45 days goes quickly. We can help you build the shortlist. Multi-family in Spartanburg is one place investors here start.
This is general information, not tax or legal advice — work with your CPA and attorney on any exchange.