Call Now

507-345-1166

Blethen Exchange

 

 

 

What is a 1031 Exchange

Under Section 1031 of the United States Revenue Code, a taxpayer may defer recognition of capital gains and related Federal income tax liability on the exchange of certain property types.

Capital gains tax can be significant.  Reinvesting in a replacement property allows taxpayers to maximize their dollars that would otherwise be lost to taxes.

Who We Are

Blethen Exchange acts as a Qualified Intermediary when a client wishes to sell and replace assets with like-kind property.

We are a team known for its excellence, experience and expertise.  We are able to leverage the vast knowledge and experience of our attorneys and staff to deliver unparalleled service to our exchange clients.

We set the standard for excellence and personal commitment!

Why Choose Us

Our practice is committed to excellence to ensure that our clients receive the optimum service based.

  • Backed by over 120 years of experience, we have the knowledge and resources to  handle your funds with care and trust.
  • We protect your funds with acquired professional liability insurance.
  • Our attorneys understand all of the intricacies of the exchange process.
  • We will preserve your equity and maximize your tax savings!

What We Do

Consult exchange clients regarding the exchange that fits their needs:

  • Delayed
  • Reverse
  • Simultaneous
  • Improvement

Act as a Qualified Intermediary

Monitor and communicate all deadlines

Coordinate with real estate professionals, tax advisers and closing agents

Oversee tax deferred exchange process

Develop all documents required

Hold the exchange proceeds

Distribute proceeds to acquire replacement property

Legal excellence. Personal commitment.