🕷️Important Information for Investors Beginning an Exchange🕷️
From October 17 – December 31, 2026
If your 1031 exchange is not complete by the due date for your tax return, you may need to file for an extension.
The time frame you have to complete the acquisition of your replacement property ends at midnight on the earlier of: (a) the 180th day after the date you transferred the relinquished property; OR (b) the due date (including extensions) for your income tax return for the taxable year in which the transfer of the relinquished property occurs. (U.S. Treasury Regulations section 1.1031(k)-1(b)(2)).
This means, if your relinquished property sale closes after October 17, 2026, your 180th day deadline to acquire replacement property will fall after the common 2026 tax return due date of April 15, 2027. In order to receive the full 180-day period to acquire replacement property, you must file an application for extension of time with the IRS to extend the due date for your 2026 tax return. If you do not file for an extension, you will NOT be able to acquire any replacement property in your exchange after your tax return due date. Taxpayers may have different tax return due dates. Please consult with your tax advisor to determine your tax return due date, and whether you will need to file for an extension.
Webinar:
1031 Tax-Deferred Exchanges
For Commercial Real Estate Brokers
Wednesday, December 2nd
11:00 AM – 1:00 PM CT
CE Credit 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.
🔮Meet Erin Riley, VP & Counsel
Erin plays an important role in helping our team deliver accurate, professional, and outstanding 1031 exchange service. Before joining API, she spent more than 15 years in private practice as a commercial real estate attorney, bringing extensive industry knowledge and experience to our clients and team.
Outside of work, Erin stays busy with her husband and two daughters, cheering at soccer games, track meets, gymnastics lessons, and Sacramento Republic matches. ⚽☀️ She’s also known around the office as a true swimming pool connoisseur!
What stands out most to Erin about API?
“I’m impressed every day by the level of expertise and diligence of everyone at API. Our team goes above and beyond to provide exceptional service in a way that is friendly and efficient.”
We’re grateful to have Erin’s leadership, expertise, and dedication helping guide our clients every day.
Webinar:
1031 Exchanges in Today’s Market
For CPAs & Tax Advisors
Monday, November 16th
8:00 AM – 9:00 AM PST
CPE Credit Available
This one-hour intermediate/advanced webinar provides a concise and thorough overview of 1031 exchanges for accountants, CPAs, and tax advisors. This 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.
🐈⬛ Federally Declared Disaster Extension Information
If your exchange has been impacted by a federally declared disaster, you may qualify for an extension of certain 1031 exchange deadlines.
Review current IRS disaster relief information here:
https://www.irs.gov/newsroom/tax-relief-in-disaster-situations
Additional 1031 exchange disaster information is available here:
https://apiexchange.com/disaster-relief/
Avoid 1031 Pitfalls🕳️
A 1031 exchange can be a powerful tax-deferral tool, but common missteps can put your transaction at risk. Closing before the exchange is set up, failing to reinvest enough value or debt, or using a disqualified intermediary are just a few examples of errors that can turn a tax-deferred exchange into a taxable sale.
From partnership issues to related-party transactions and reverse exchanges, there are important rules every investor should understand before closing.
👉 Get the full list of pitfalls and how to avoid them.
🕯️We Love Our Happy Customers🕯️
Outstanding support and knowledge. They are on top of everything. I had a very complicated closing and API was on top of everything. I’ll be using them again.
⭐⭐⭐⭐⭐
– Glen Schaff
