Construction exchange
Plan improvements into your exchange.
Explore an exchange that includes improvements to your replacement property.
For property that needs work
A plan built around your transaction.
A construction or improvement exchange may allow qualifying improvements to become part of your replacement property. The structure needs to address ownership, construction schedules, and the exchange deadline from the beginning.
- Review the purchase, proposed work, and expected construction schedule.
- Establish the appropriate ownership and exchange structure before closing.
- Coordinate completed improvements and transfer of the replacement property.
Worth discussing early
Work completed after you receive the replacement property generally cannot count toward its exchange value. Construction timing and the applicable deadlines require careful review with your advisors.
This overview is educational. Review the structure and tax consequences with your tax and legal advisors.
Discuss your exchangeA conversation is a good place to start
Let’s talk about your next move.
Selling soon, already under contract, or exploring your options? We’re here to help you plan your exchange.
