1031/721 Improvement Exchange

Take advantage of this advanced tax strategy to defer capital gains taxes, improve properties, and gain long-term flexibility in your real estate investments.

10-40%
Deferral of capital gains
1031/721 Improvement Exchange

Why it Matters

Selling real estate often comes with massive tax bills — and traditional 1031s limit your flexibility. What if you could defer taxes and reposition your asset or even roll into a REIT?

What Is It?

This advanced exchange structure combines elements of 1031 and 721 exchanges to allow real estate investors to defer capital gains, improve property during the exchange, and roll into REITs or DownREITs tax-efficiently.

Specialty 1031/721 exchanges allow you to sell, improve, and then roll into institutional ownership, deferring taxes throughout. It’s the preferred strategy of sophisticated investors who want long-term flexibility.

Who Qualifies?

Client Snapshot

Stat - 100%

→ Deferral of capital gains

Investor sells $10M property

→ puts in improvement exchange receives $5M in ITC + depreciation getting $7.5M tax free in first year

What Are the Benefits?

Tax Deferral
Diversification
Tax Deferral
Flexibility
investment portfolio
Minimal Involvement

Your Trusted Partner in 1031/721 Exchange Strategies: Why Choose Specialty Tax Advisors?

With over a century of combined experience in tax consulting and real estate investment strategies, Specialty Tax Advisors is the go-to partner for investors looking to maximize tax deferral and unlock the potential of their real estate investments. Here’s why investors trust us for their 1031/721 exchange needs:

Unmatched Expertise

Our team brings over 130 years of combined experience in tax law, real estate investment, and 1031 exchange strategies, ensuring you get the best advice tailored to your needs.

Comprehensive Services

From the initial sale of your property to the final step of reinvesting, we offer end-to-end support throughout the 1031/721 exchange process, ensuring a smooth and compliant experience.

Proven Success

With a history of successfully guiding investors through complex tax-deferral exchanges, we have a proven track record of helping clients save millions in taxes while growing their portfolios.

Tailored Solutions

We understand that every investor's situation is unique, and we provide customized strategies to help you achieve your financial goals while deferring taxes effectively.

Collaborative Approach

We work closely with your CPA, financial advisors, and legal experts to ensure every aspect of your 1031 exchange is coordinated, compliant, and aligned with your broader investment strategy.

Client-Centered Focus

We prioritize your success by offering personalized guidance, clear communication, and transparent advice, ensuring you feel confident every step of the way.

FAQ’s

Frequently Asked Questions

What are the benefits of using a Delaware Statutory Trust (DST) in a 1031 exchange?

A Delaware Statutory Trust (DST) allows you to reinvest in a tax-deferred exchange while gaining access to institutional-grade real estate. This strategy provides liquidity, diversification, and the ability to invest passively, making it an attractive option for those looking to reduce day-to-day management responsibilities.

If you fail to complete your 1031 exchange within the 180-day timeline, you will lose the opportunity to defer capital gains taxes. The IRS requires strict adherence to this timeline, so it’s essential to plan your replacement property acquisition carefully.

Yes, you can use a 1031 exchange for any investment property you’ve owned, regardless of the holding period. The key is to follow the exchange rules and reinvest the proceeds in like-kind exchange properties that meet the requirements set by the Internal Revenue Code (IRC Section 1031).

1031 exchanges can be a powerful tool for estate planning. By deferring capital gains taxes over time, you can transfer properties to your heirs tax-deferred, preserving more wealth for future generations. This strategy can reduce the taxable estate and help heirs avoid immediate tax liabilities on appreciated assets.

While a 1031 exchange offers significant tax advantages, there are risks, including illiquidity and limited flexibility. Once you commit to a 1031 exchange, you must follow the rules, including the 45-day identification period and the 180-day completion timeline. It’s important to consult with a financial advisor or tax and legal advisors to ensure the strategy aligns with your long-term investment objectives.

Interested?
Sounds complex — do CPAs usually do this?

Most CPAs don't specialize in exchange strategy. We work with your CPA to handle the technical setup, filings, and real estate timing.