The 1031 Brief

Ashley has a conversation with Julie Baird, President of First American Exchange Company, about whether early 1031 planning can affect buying power. They discuss how to approach investigating replacement-property options and how to create better deal flexibility in an exchange. They also walk through simple examples, common missed opportunities, and the practical questions investors should raise before a sale closes.

When real estate markets are uneven, how do investors approach a 1031 exchange? In this episode, Ashley explores how to handle complex financing considerations or the need to make replacement-property decisions quickly. She explains why investors should think about exchange timelines, financing, backup options, and replacement-property strategy before the clock starts running.

In this kickoff episode of The 1031 Brief, Ashley Stefan, Divisional Counsel for First American Exchange Company, explains what a 1031 exchange does and why it matters. She discusses what “like-kind” means in real estate and in a 1031 context, and why there are advantages to having an exchange structure in place before a sale closes. This episode gives investors and advisors a foundation for understanding how this tax deferral tool may help keep capital working in qualifying real estate.