1031 Exchange Services You Can Trust
When it comes to building long-term wealth through real estate, few tools are as powerful—or as underutilized—as the 1031 like-kind exchange. With the right guidance, you can defer capital gains taxes, increase cash flow, and strategically grow your portfolio without missing a beat.
At Castaldo CPA, our experienced advisors specialize in helping investors navigate the IRS 1031 rules with confidence. Whether you're selling a single rental property or managing a portfolio across multiple states, we make the process clear, compliant, and stress-free.
What Is a 1031 Exchange?
A 1031 exchange allows you to sell investment or income-producing real estate and reinvest the proceeds into another like-kind property—without paying capital gains taxes at the time of the sale. By deferring these taxes, you keep more of your money working for you and your future.
To stay compliant, the IRS requires your exchange to be handled through a Qualified Intermediary (QI). We coordinate this process for you—ensuring proper handling of funds, preparing required documentation, and guiding you through each IRS deadline and requirement.
Why Work With a Qualified Intermediary?
A QI is essential to completing a valid exchange. They hold your sale proceeds, prepare the exchange documentation, and transfer funds to the closing agent on your replacement property. But not just anyone can serve as your QI—they must be a completely independent third party.
Our firm partners with trusted, vetted Qualified Intermediaries who meet all IRS standards. With us, your funds and your exchange are handled with the highest level of security, accuracy, and professionalism.
Benefits of a 1031 Exchange
Defer Capital Gains Taxes
The primary benefit: you keep your equity working for you instead of paying it out in taxes. This deferred tax becomes additional purchasing power for your next investment.
Increase Cash Flow
Trade non-income-producing or underperforming properties for real estate that generates steady, predictable income—boosting your cash flow and strengthening your financial future, especially approaching retirement.
Diversify Your Real Estate Portfolio
Use the equity from a highly appreciated property to acquire multiple properties in different markets. Diversification helps protect against market fluctuations and location-based risk.
Eliminate Property Management Headaches
Tired of tenants, midnight calls, and constant repairs? Consolidate multiple properties into a single, professionally managed investment—without triggering taxes.
Support Your Estate Planning Goals
A 1031 exchange can help shift value to your beneficiaries, potentially reducing or eliminating estate taxes. Many investors use exchanges as part of a long-term wealth-transfer strategy.
Ready to Make Your Next Investment Work Smarter?
We’re here to guide you from your first question to your final closing. Call us at 631-302-1945 to schedule your free consultation, or start your exchange online today.