Letter of Indemnity requests should be e-mailed to: [email protected]

1031 Exchanges

Tax Deferred Exchanges

A tax-deferred exchange is one of the last remaining tax shelters for real estate investors. Under Section 1031 of the Internal Revenue Code, a taxpayer can avoid capital gains tax on the sale of real estate or other qualified property if the taxpayer exchanges into 'like-kind' property. A tax-deferred exchange is usually accomplished by a delayed exchange with the assistance of a qualified intermediary.

Land Title Exchange has acted as a qualified intermediary on hundreds of exchanges since 1994. All of the exchanges that Land Title Exchange is involved in are supervised by an attorney who is certified as a Real Property Specialist by the Minnesota State Bar Association.

For more information on tax-deferred exchanges, please contact Larry Mountain at (651)638-1900 or at [email protected]