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1031 Exchange Property in Sacramento

A 1031 exchange lets an investor defer capital gains tax by selling investment real estate and buying like-kind replacement property within strict deadlines. Talha Torania helps exchange investors on both sides: selling the relinquished property and finding replacement property that fits the timeline and the numbers.

The timeline

  • Day 0: the sale of your relinquished property closes and the proceeds go to a qualified intermediary.
  • Day 45: you must identify replacement property in writing.
  • Day 180: you must close on the replacement property.

Those dates do not move, so the search should start before your sale closes.

How Talha helps

  • Builds a list of replacement options before day 0, including NNN retail, multi-tenant, gas stations and owner-user buildings
  • Underwrites each option so you compare income, lease term and risk, not just price
  • Negotiates contingency and closing dates that fit inside your 180 days
  • Coordinates with your qualified intermediary, lender and tax advisor

Common mistakes

Waiting until after closing to look, identifying only one property, buying less value or debt than you sold, and touching the sale proceeds can all put an exchange at risk. A broker who works exchanges regularly helps you plan backups and keep the deal on schedule.

This page is general information, not tax or legal advice. Always confirm your exchange with a qualified intermediary and your CPA or attorney.

Frequently asked questions

Can I exchange into a gas station or a property in another state?

Generally, real property held for investment or business use can be exchanged for other like-kind real property in the U.S. Gas stations held as real estate commonly qualify. Confirm the details with your intermediary and tax advisor.

Talk with Talha

Call (916) 346-9758, email saccommercials@gmail.com, or send a message. Talha Torania, Director of Sales and Leasing, eXp Commercial, 915 Highland Pointe Dr, Suite 250, Roseville, CA 95678. CA DRE #02056948.

For a step-by-step overview, read our Sacramento 1031 exchange guide.

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