How does a 1031 exchange work?

Contract to sell your property

If you're in the market to sell a property you use for business or hold for investment, and you want to reinvest the money in other property, you're probably eligible for a 1031 exchange.

Sign an exchange agreement

Once you've decided to exchange your property, you will enter into an exchange agreement with PEC. PEC will act as an intermediary in the sale of your property and purchase of your new property.

Avoid capital gains tax

Finally, you get what you came for: a deferral of capital gains tax.

We are the property exchange company.

Based in Ann Arbor, we are among Michigan's most reliable and experienced intermediaries. Property Exchange Company specializes in helping you save money when you sell your business or income property.

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