Can a property still qualify for a 1031 exchange if it never had tenants? Sometimes the biggest factor isn’t the rent roll — it’s the intent behind the hold. This week’s Exchange Essentials post breaks down a question we hear often: when does a vacant or unrented property still meet the “held for investment” standard under Section 1031? The answer isn’t always black and white, and the details matter. If you work with investors, advisors, or real estate clients navigating changing plans, this is a scenario worth understanding. Read through for key factors that can help — and hurt — an exchange position. #1031Exchange #RealEstateInvesting #FirstAm1031 #InvestmentProperty #RealEstate #RealEstateEducation #PropertyInvestment
First American Exchange Company
Financial Services
Salt Lake City, Utah 1,441 followers
The Industry Leading National Qualified Intermediary for 1031 Tax Deferred Exchange Services
About us
First American Exchange, a subsidiary of First American Title Insurance Company, is a full service Qualified Intermediary assisting clients nationwide with 1031 tax-deferred exchanges of real property held for investment or business purposes, including reverse exchanges and build-to-suit transactions. We offer financial strength and the utmost security of exchange funds. First American Exchange has extensive experience and exceptional credentials in facilitating tax-deferred exchanges in a professional manner. Attorneys and Certified Exchange Specialists® are available to assist you.
- Website
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http://www.firstexchange.com
External link for First American Exchange Company
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Salt Lake City, Utah
- Founded
- 1990
- Specialties
- Qualified Intermediary, 1031 Exchange Accommodator, Delayed Exchanges, Reverse Exchanges, Build-to-Suit Exchanges, Tax-Deferred Exchanges, and 1031
Updates
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First American has relaunched its Fraud Protection Resource Center, a free online hub designed to help you stay ahead of emerging fraud threats. Explore educational articles, the First on Fraud podcast and the CyberSmart Newsletter for valuable insights delivered to your inbox. https://firstam.us/4uC3nyK
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At First American Exchange Company, education is at the core of what we do. We’re proud to provide in-person CE classes, 1031 Exchange presentations, and webinars designed to bring practical value, insight, and expertise directly to real estate professionals and offices nationwide. We’re incredibly grateful for the feedback we continue to receive from our clients, partners, and attendees. Thank you for trusting our team to bring valuable education directly to your offices and events. #1031Exchange #FirstAm1031 #Education #Presentations #ContinuingEducation #Webinars #RealEstate #IndustryEducation
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Leasehold improvement exchanges can offer powerful opportunities within a 1031 strategy when structured thoughtfully. This week’s Exchange Essential breaks down some of the key considerations around ownership, timing, and lease structure to help investors better understand how improvements may factor into exchange value and long-term planning. #1031Exchange #FirstAm1031 #RealEstateInvesting #Leasehold #Education #InvestmentStrategy
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Our May & June 1031 Exchange National Webinar schedule is here! Join our team of exchange professionals for practical insights designed to help investors and real estate professionals navigate today’s exchange landscape with confidence. Whether you’re looking for a refresher or want to deepen your understanding of key 1031 exchange topics, these sessions offer valuable takeaways in a convenient 1-hour format. View the schedule and register here: https://lnkd.in/gMYqNnTt
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Not every property upgrade qualifies the same way in a 1031 improvement exchange. Timing, documentation, and what’s actually completed before closing can make all the difference. This week’s Exchange Essentials post breaks down key details many investors overlook when planning capital improvements as part of an exchange strategy. Read on for a quick overview of what may - and may not - count toward exchange value. #1031exchange #realestateinvesting #FirstAm1031 #investmentproperty #commercialrealestate #improvements
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We're hosting a Peninsula Investment Forum on May 12, with Luis Belmonte (Partner, Seven Hills Properties) speaking to a group of active brokers and investors in the SF/Peninsula market. Spend the morning with us networking and gaining insights and connections shaping today's investment landscape. RSVP to 1031@firstam.com to join us. We can't wait to see you there! #InvestmentForum #1031Exchange #Brokers #Investors #CaliforniaRealEstate #MarketingEvent #Networking
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Not all 1031 exchanges are fully tax-deferred - and “boot” is often the reason why. Join us for an upcoming webinar, “A Guide to Boot in 1031 Exchanges,” where 1031 Exchange expert Mia Magpie-Sweeney breaks down one of the most commonly misunderstood concepts in the exchange process. In simple terms, boot is any value received in an exchange that isn’t like-kind property - and it can trigger unexpected taxes if you’re not prepared. Understanding how and when it shows up can make a meaningful difference in your transaction outcome. 📅 Tuesday, May 12 🕙 10 AM PT / 1 PM ET Save your spot today: https://lnkd.in/gR9m9JbE
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Part II of our 1031 Exchanges and U.S. Territories is here. As we continue the conversation from Part I, we’re taking a closer look at what happens when exchange scenarios extend beyond U.S. borders—and why thoughtful planning becomes even more critical. If you’re navigating complex exchange structures or considering opportunities involving U.S. territories or international properties, this is a must-read. #1031Exchange #LikeKindExchange #RealEstateInvesting #TaxStrategy #FirstAm1031 #GlobalRealEstate #InvestmentPlanning
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Real feedback. Real experiences. We’re sharing a few of our April Google Reviews and want to say thank you to our clients for your trust and your kind words. We truly value your feedback. #1031Exchange #FirstAm1031 #Reviews #Feedback #CustomerExperience #TestimonialTuesday