Improvement Exchanges
It is possible to both improve a new replacement property to raise its value to effectively offset what you sold in a relinquished property, and it is also possible to build brand a new replacement property in an exchange. However, because the IRS will not allow you exchange into property you already own, the logistics of either improving a replacement property or building a new replacement property from scratch is likely going to me much more complicated and logistically more difficult. Should you need to do an improvement or construction exchange. call us. We have the experts who have successfully completed many of the most sophisticated imporvement and construction exchanges attempted.
