1031 Exchanges
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1031 Exchanges
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Updated almost 6 years ago on . Most recent reply
How to handle 1031 exchange
I’m in process of filing my 2018. I’ve done few flips last year and put majority of what I made into the next flip. All have been cash transactions. I asked my CPA about capital gains since I’ve put most back into more properties to flip. She said I need to talk to a 1031 agent.
Is the 1031 exchange process usually handled through Cpa?
If so should I just let the Cpa handle taxes and provide the purchase and sale info and file a certain form?
Thanks for any info!