1031 Exchange Basics
1031 exchange basics for Michigan investors, covering the 45-day and 180-day deadlines, boot, related-party rules, and the qualified intermediary role.
1031 Exchange Basics

The 45-Day Identification Period in a Michigan 1031 Exchange
How the 45-day identification period works in a Michigan 1031 exchange, including the three-property rule, the 200 percent rule, and the 95 percent rule.
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The 180-Day Exchange Deadline in Michigan
How the 180-day closing deadline works in a Michigan 1031 exchange, including the interaction with tax filing deadlines and how to protect the full window.
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The Qualified Intermediary's Role in a 1031 Exchange
Why a qualified intermediary is required in a Michigan 1031 exchange, what the safe harbor protects against, and how constructive receipt can void an exchange.
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Like-Kind Property Explained for Michigan 1031 Exchanges
What qualifies as like-kind property in a Michigan 1031 exchange, why nearly all investment real estate qualifies, and what property types do not.
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What Is Boot in a 1031 Exchange
What boot means in a Michigan 1031 exchange, covering cash boot, mortgage boot, and how partial tax deferral works when full value isn't replaced.
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Related-Party 1031 Exchange Rules
How Section 1031(f) governs exchanges between Michigan family members or related entities, the two-year holding requirement, and common traps.
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Reverse 1031 Exchange Explained
How a reverse 1031 exchange works when a Michigan investor buys replacement property before selling, including the parking arrangement and EAT structure.
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Improvement and Build-to-Suit 1031 Exchanges
How an improvement or build-to-suit 1031 exchange lets a Michigan investor use exchange funds on construction, within the same 180-day deadline.
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