Start with a conversation.
Discuss your plans with your broker, tax advisor, and qualified intermediary before your property closes.
THE EXCHANGE PROCESS
A clear path begins
with a thoughtful plan.
Your exchange brings together several professionals. An early conversation helps everyone understand the transaction and their role.
Bring the details together.
Share the property and escrow information needed to coordinate the exchange documents and next steps.
Stay connected through closing.
Work with your exchange team and closing professionals to keep documents and transaction requirements organized.
Keep your records in order.
Retain your exchange documents and review reporting requirements with your tax advisor.
This is an introduction to the workflow. Specific eligibility, deadlines, and tax treatment depend on your circumstances and should be reviewed with your advisors.