loader image
Real Estate Glossary

Construction 1031 Exchange

inflation calculator
Avatar
Written by Luis Escobar

This refers to a replacement property that has not been built yet. The improvements on the property must be completed prior to the expiration of the 180 days. The property is held by an LLC called the exchange accommodation taxpayer (EAT) in a construction 1031 exchange. Compared to a 1031 exchange, this type of exchange has greater complexity and fees overall.

This refers to a replacement property that has not been built yet. The improvements on the property must be completed prior to the expiration of the 180 days. The property is held by an LLC called the exchange accommodation taxpayer (EAT) in a construction 1031 exchange. Compared to a 1031 exchange, this type of exchange has greater complexity and fees overall.

About the author

Avatar

Luis Escobar

Leave a Comment