A Starker or 1031 Tax Deferred Exchange is a powerful tool to help you maximize your real estate investment returns.

This technique allows you to move form one real estate investment to another while deferring any capital gains and recapture tax due on the current transaction



Bill W. McCoy III has been providing Qualified Intermediary Services for over 30 years. Please visit our website 

Bill McCoy 1031 Exchanges

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What is a 1031 Exchange?

  A 1031 exchange, also known as a like-kind exchange or tax deferred exchange, is where real property that is “held for productive use in a trade or business or investment” is sold and the proceeds from the sale are reinvested into a like-kind property intended for business or investment use, allowing the taxpayer, or seller, to defer the capital gains tax and depreciation recapture on the transaction.   The property sold as part of a 1031 exchange is the Relinquished Property. The property purchased is the Replacement Property. The real property in a 1031 exchange must be like-kind; most real estate is like-kind to all other real estate. For example, an office building could be exchanged for a rental duplex, a retail shopping center could be exchanged for farmland, etc.   During a 1031 exchange, neither the taxpayer, nor an agent of the taxpayer, can receive or control the funds from the sale of the property. If a taxpayer has direct or indirect access to the funds, a 1031 ex
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Otra Vez 1031, LLC acts as a Qualified Intermediary, not a financial advisor, real estate broker, agent or salesperson. Qualified Intermediaries are precluded from giving financial, real estate, tax or legal advice. Consult with your financial, real estate, tax or legal advisor about your specific circumstances. Otra Vez 1031, LLC makes no express or implied warranty respecting the information presented and assumes no responsibility for errors or omissions.
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