Our Expertise
Manning Fulton’s deeply experienced real estate team routinely provides counsel and advice to its clients in connection with tax-deferred exchanges under Section 1031 of the Internal Revenue Code.
Our attorneys work closely with third-party qualified intermediaries and exchange accommodation title holders to effectively counsel its clients with a variety of 1031 exchange structures, including without limitation, deferred exchanges, reverse exchanges, build-to-suit, and improvement exchanges. Oftentimes, real estate attorneys will collaborate with our firm’s experienced tax practice group, or the client’s certified professional accountant (CPA), to effectively and efficiently structure the exchange transaction.
Manning Fulton’s services in this area can also include advising clients on a myriad of issues which may arise, including like-kind classifications, replacement property identifications, timing requirements, entity requirements, and tenant-in-common arrangements.
