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The 1031 Exchange Experts
The 1031 Exchange Experts

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Can I do a 1031 exchange to sell real estate in Maui and purchase in Phoenix if I'm a non-resident alien (ie: Canadian)?

Jim McClure
Branch Manager
Assante Capital Management Ltd.

 
 

Dear Jim,

As your question is stated the answer is yes. There are some FIRPTA requirements that pertain to withholdings that can be completely deferred as long as you reinvest all the proceeds from the sale of the Maui property, and the Phoenix property is equal or higher in value to the Maui property.

Sincerely,
The Experts

All of the documents available from The 1031 Exchange Experts are available to you here, in easy to download, easy to print PDF file formats. You need to download Adobe's free Acrobat Reader to read/print any of the files listed below. All the links below are PDF file formats.

Brochures you can download...

1031 Straight Brochure

1031 Reverse Brochure

1031El Folleto Recto en Español

Gas and Oil Exchanges

How Construction Exchanges Work

How Improvement Exchanges Work

Other Documents you can download...

Purchase and Sales Contract Wording - Optional 1031 language you can use in the contract for both your Old and New Property

Exchange Addendum To Contract To Buy And Sell Real Estate - Updated 04.20.2005 - Optional 1031 Contract addendum approved by the Colorado Real Estate Commission (EX32-05-04).

IRS Form 8824 - IRS form for reporting Like-Kind Exchanges.

IRS Form 4797 - IRS form for reporting Sales of Business Property.

IRS Schedule E - (Form 1040) IRS form for reporting Supplemental Income and Loss.

IRS FIRPTA Forms (PDFs):

IRS Publication 515 IRS Form SS-4
IRS Form W-7 IRS Form 8288-B

Our Bond

EVIDENCE OF INSURANCE -
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This document certifies that: The 1031 Exchange Experts, LLC, is insured under a Fidelity Bond underwritten by Continental Casualty Company...

FIRPTA documentation

Checklist: How to avoid FIRPTA withholding in a 1031 exchange - Foreign Owners of United States real estate are subject to special tax withholding which can be avoided by using an exchange...
 
English - Foreign Investment in U.S. Real Estate and Like-Kind Exchanges - This article discusses in detail the foreign owner withholding rules and how they are affected...
 
Deutsch - Informationsblatt Anwendung eines 1031-Austauschs zur Vermeidung der FIRPTA-Steuer -
Dieser Artikel diskutiert ausführlich den ausländischen Eigentümer, den Regeln und zurückhält, wie sie beeinflußt werden...
 
 
el Español - Hoja de Datos: Usando un Exchange 1031 para Evitar que se Aplique el Impuesto FIRPTA -
Este artículo discute con todo detalle el dueño extranjero las órdenes que retienen y cómo ellos son afectados.. .
 
o Português - Informativo Usando uma troca 1031 para evitar a aplicação do imposto FIRPTA -
Este artigo discute em detalhe o proprietário estrangeiro que retendo regras e como eles são afetados...
PDF expert1031.com Web Pages

6 things you need to know about §1031 exchanges - This fact sheet explains the basic requirements of a 1031 exchange...

  las 6 cosas que usted necesita saber - Esta hoja del hecho explica los requisitos básicos de un 1031 cambio...
 
 
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The materials provided by The 1031 Exchange Experts were VERY easy to use! The stuff from the "legal eagles" at the IRS was just terrible. They try to simplify things by throwing in a bunch of extra stuff, but they wind up making it even more confusing -- and I have some expertise in these matters! But The Expert's website, forms and instructions were like a breath of fresh air! Everything was very easy to read, very easy to download. Everyone there was just wonderful to work with!

Thank You!
Patricia "Pat" Smith, Realtor (retired)
Fort Myers Beach, Florida