09/17/2026
A "lazy 1031 exchange" isn't actually a 1031 exchange. 🏢
No qualified intermediary, no 45-day window, no deadlines — because there's no exchange. Instead of deferring the gain under Section 1031, you sell in a fully taxable sale and offset the gain with depreciation-driven losses from a new investment. Similar outcome in year one, but a very different tax position later.
Here's how the two compare: https://na2.hubs.ly/H07Q8sN0