Can Your Vacation Home Qualify for a 1031 Exchange?
Can a Timeshare Qualify for a 1031 Exchange?
Not all real estate investments are created equal when it comes to 1031 exchanges. Some timeshares may qualify—others won’t. And what about shares in a REIT?
Click below to learn the key differences and what qualifies for tax deferral under IRC §1031.
Can Your Vacation Home Qualify for a 1031 Exchange?
Real estate in resort or vacation destinations can produce diverse and significant tax consequences. These tax consequences can be particularly critical at the time a property is sold, since many vacation destinations have appreciated significantly and property owners may be facing significant capital gain tax consequences upon disposition. The use of a tax deferred exchange under IRC Section 1031 can be particularly important in disposing of such property.
This publication will first address the use of Section 1031 tax deferred exchanges in disposing of vacation properties. It will then consider a number of different scenarios, and the tax consequences of each, both while the property is owned and upon disposition of the property. Last, it concludes with a few words about converting a vacation property into an investment property eligible for Section 1031.
Meet Kristina Bean – VP & Sr. Exchange Counselor at API
Kristina has a background in real estate and transaction coordination, and she’s been with API for over 8 years. In her role, she helps clients navigate delayed 1031 exchanges. Her industry knowledge and client-focused approach help take the stress out of a complex process.
When she’s not supporting clients, Kristina enjoys life with her husband and their three children—cheering them on in their extracurriculars, traveling, and exploring the great outdoors. 🏎️🌄✈️
What makes API special for Kristina? “It’s truly a family environment. Our people are some of the best in the industry, and I’m blessed to be amongst them.”
Got questions about 1031 exchanges? Kristina’s here to help make the process easier! 🙌
1031 Exchange Webinar
Monday, May 12th
8:00 AM – 9:00 AM PST
CPE Available
This one-hour intermediate/advanced webinar covers critical time deadlines, like-kind requirements, fractional ownership, oil/gas/mineral rights, related party transactions, partnership/LLC scenarios, reverse and improvement exchanges, and how to avoid common pitfalls.
1031 Exchange Webinar – Thursday, June 12th
1:00 PM – 3:00 PM CT
CE Available
This two-hour course for commercial brokers provides a concise and thorough overview of 1031 exchanges. This webinar tackles advanced issues such as partnership/LLC scenarios, creative property variations such as perpetual cellular easements (cell towers), fractional ownership, transferable development rights, reverse and improvement exchanges, how to avoid common pitfalls and related-party transactions.
We Love Our Happy Customers
I have completed ten 1031 exchanges over the past several years. I used IPX 1031 (both Nashville, TN and Newport Beach, CA offices). This time I was referred to Asset Preservation by an attorney colleague in TN where I now reside.
Their fees and services match or beat IPX 1031 and the service level of API runs circles around IPX. Cameron Gamble, their exchange coordinator, promptly replies to emails and actually answers his phone when you call his direct line.
I recommend this company to anyone looking for high quality professional exchanger.
⭐⭐⭐⭐⭐
-Ward M.
Celebrating 35 Years of Excellence in 1031 Exchanges
This year marks a major milestone for Asset Preservation, Inc. (API)—35 years of serving investors nationwide as a trusted 1031 exchange qualified intermediary. Since its founding in 1990 by Javier G. Vande Steeg, API has remained committed to helping real estate investors build wealth, defer capital gains taxes, and maximize their investment potential through Internal Revenue Code Section 1031.
As a Stewart Information Services Corporation subsidiary, API has facilitated over 200,000 tax-deferred exchanges, providing unmatched expertise, security, and service. Our team of experienced exchange counselors, attorneys, and accountants work diligently to ensure every transaction is seamless and secure—because we know that when it comes to protecting and growing your assets, experience matters.
Over the past 35 years, API has set the industry standard, offering sophisticated investors and Corporate America what we call The API Advantage™—a commitment to exceptional service, rigorous financial security, and in-depth 1031 exchange knowledge.
We are grateful for the trust and partnerships we’ve built with our clients and industry professionals over the past three and a half decades. As we celebrate this milestone, we remain dedicated to helping you preserve wealth, reinvest strategically, and secure your financial future for years to come.
Thank you for being a part of our journey—here’s to the next 35 years of success!
Federally Declared Disaster Extension Information
Click the link below to determine if you qualify for an extension.
https://www.irs.gov/newsroom/tax-relief-in-disaster-situations
Additional information here: https://apiexchange.com/disaster-relief/
Join Us at the Real Estate Investor Summit at Sea June 20 – 29th
Learn from the best — and do it from a cruise ship in paradise! 🌴🚢
The Investor Summit at Sea™ is your chance to hear from legends like Robert Kiyosaki, Robert Helms, and API’s own Senior VP, Scott Saunders.
Education. Sun. Networking. Fun. What’s not to love?
API Sponsors the Real Estate Tax Summit
The Real Estate Tax Summit welcomes any and all professionals looking to sharpen their skills and expand their impact in the real estate tax landscape. Led by the nation’s top expert, Mark J. Kohler, plus a special presentation by API’s SVP, Scott Saunders on basics and 1031 exchange trends.
📅 May 7–9. The Virtual Real Estate Tax Summit: 3 days. 12 sessions. 9 CE credits.
You will learn how to:
💫 Turn taxes into tools.
💫 Turn investments into assets.
💫 Turn savings into real wealth.
