Tax-Deferred Exchanges
PCT Exchange
Defer capital gains taxes on your investment property. A 1031 exchange allows you to sell investment property and reinvest the proceeds into like-kind property while deferring capital gains taxes.
Relinquished Property
The property you're selling in the exchange. This is the investment property you're disposing of to begin the 1031 exchange process.
Replacement Property
The property you're purchasing with exchange proceeds. This is the new investment property you're acquiring to complete the exchange.
Like-Kind
Most real estate qualifies as like-kind to other real estate—it doesn't need to be the same type of property. An apartment building can be exchanged for raw land, for example.
Why You Need a Qualified Intermediary
Neither the taxpayer, nor an agent of the taxpayer, can receive or control the funds from the sale.
A qualified intermediary (QI) is a neutral third party that holds your exchange funds, ensuring IRS compliance throughout the transaction.
PCT Exchange — Your Qualified Intermediary
PCT Exchange serves as your qualified intermediary, handling all documentation and fund management throughout the exchange process. Our experienced team ensures your exchange meets all IRS requirements while providing the guidance you need for a successful transaction.
1031 Exchange Timeline
Critical deadlines you must meet for a successful exchange.
Day 0
Close on relinquished property sale. Exchange funds transferred to QI.
Day 45
Identification deadline. Must identify replacement property(ies) in writing.
Day 180
Exchange deadline. Must close on replacement property(ies).
Important: These deadlines are strict and cannot be extended, even for weekends or holidays. Plan your exchange timeline carefully.
Frequently Asked Questions
Common questions about 1031 exchanges and the exchange process.
Educational Resources
Download guides and worksheets to help plan your exchange.
Questions About Your 1031 Exchange?
Our 1031 exchange team is ready to guide you through the process.
Analleli Ayala
1031 Exchange Specialist