Abie Maytas
Director of 1031 Operations
1031 exchange services
Understand the processYour like-kindexchange shouldbe boring.
We coordinate the details of your exchange.
You focus on your next property.
Careful stewardship of your exchange
Segregated client accounts
Dual-signature disbursements
Dedicated coordination
Your property. Your plans.
A clear path to your next investment.
A 1031 exchange can help you defer capital gains tax when you reinvest in qualifying real estate. Getting the structure, documentation, and timing right takes planning.
Olumie brings the people and the details together. From the first conversation through the final closing, you have a team that understands your transaction and keeps the exchange moving.
How an exchange worksExchange options
Different transactions.
The same attention to detail.
The right approach starts with the property, the timing, and what you want to do next.
Delayed exchange
Sell your investment property, then acquire a replacement property within the required exchange period.
Explore delayed exchangesReverse exchange
Acquire the replacement property before selling the property you currently own, with advance planning.
Explore reverse exchangesConstruction exchange
Explore an exchange that includes improvements to your replacement property.
Explore construction exchangesSimultaneous exchange
Exchange properties through a coordinated sale and purchase at the same time.
Explore simultaneous exchangesThe process
A lot happens between properties.
We keep it organized.
Exchange documents, closing coordination, property identification, and the movement of funds. We help you understand what needs to happen and when.
45days
to identify replacement property
180days
maximum standard exchange period*
*The tax return due date, including extensions, may end your exchange period sooner.
The people behind your exchange
Experience you can
have a conversation with.
Real estate transactions are personal. So is the way we work. Meet the professionals coordinating your exchange and advising on the details.
Kuno S. Bell, CPA, JD
Tax Advisor
Samantha Whittaker
Advisor
Insights
A little clarity goes a long way.
The fundamentals
A clearer introduction to 1031 exchanges
What an exchange does, which properties may qualify, and where an intermediary fits.
Read the article
Planning your exchange
The deadlines that shape your exchange
Understand how identification and acquisition periods work together.
Read the articleWorking with an intermediary
Questions to ask before choosing an intermediary
A conversation about account structure, disbursements, and communication.
Read the articleCommon questions
Before you get started.
When should I contact a qualified intermediary?
Before the sale of your investment property closes. Getting in touch early gives the team time to review your transaction and prepare the exchange documentation.
Do I need to have my next property picked out?
You can begin the conversation before choosing a replacement property. In a typical delayed exchange, the written identification deadline is 45 days after the sale of the property you are exchanging.
Can I buy before I sell?
A reverse exchange may be an option. It needs advance planning and a specific ownership structure, so speak with the team before acquiring the replacement property.
Will Olumie work with my attorney and CPA?
The team coordinates the exchange with your transaction professionals. Your attorney and tax advisor should review the legal and tax implications of your particular exchange.
Have a different question? Let’s talk.
A conversation is a good place to start
Let’s talk about your next move.
Selling soon, already under contract, or exploring your options? We’re here to help you plan your exchange.
