1031 Exchange Specialist in Santa Monica, CA
Santa Monica 1031 exchanges combine beachfront investment appeal with complex rent control considerations. I help exchangers navigate Santa Monica's regulatory environment while identifying replacement properties that meet both IRS requirements and return objectives.
Supply-constrained premium market
About 1031 Exchange in Santa Monica
Navigate complex 1031 exchanges with confidence. I provide expert guidance on identifying replacement properties, meeting strict IRS timelines, and maximizing the tax deferral benefits of your exchange.
Local Market Insight
Santa Monica's Measure GS transfer tax of 5.6% on properties over $8M should be factored into exchange economics, as it can significantly impact total acquisition costs.
Benefits of Working With a Santa Monica Specialist
- Defer capital gains taxes
- Build wealth through strategic exchanges
- Access to exchange-ready properties
- Timeline management expertise
- Qualified intermediary coordination
Santa Monica Market Overview
Santa Monica offers beachfront living and strong tech employment, creating exceptional rental demand despite stringent rent control regulations.
Why Santa Monica?
- Beachfront premium location
- Tech and entertainment employers
- Rent control environment requires expertise
- Limited supply supports values
The 1031 Exchange Process
Exchange planning consultation
Sale of relinquished property
45-day identification period strategy
Replacement property search
Due diligence and acquisition
180-day deadline compliance
Exchange completion
Frequently Asked Questions: 1031 Exchange in Santa Monica
What are the 1031 exchange deadlines?
You must identify replacement properties within 45 days of selling your relinquished property, and close on the replacement within 180 days. These deadlines are strict with no extensions.
Can I exchange into multiple properties?
Yes, you can identify up to three properties regardless of value, or more properties if their combined value doesn't exceed 200% of the relinquished property's value.
What happens to my mortgage?
To fully defer taxes, your replacement property debt should equal or exceed the relinquished property debt. Any reduction in debt or cash received may be taxable.
Let's Discuss Your Santa Monica Investment Goals
Whether you're buying, selling, or exploring 1031 exchange options in Santa Monica, I'm here to help you achieve your multifamily investment objectives.