Sell your property without writing a huge tax check.
What goes wrong without planning.
Deadlines are strict — 45 days to identify, 180 days to close. One missed form or wrong step and the entire deferral disappears. New Jersey's GIT/REP nonresident withholding adds a second layer of risk at the closing table.
How Simon protects the deal.
He works with you before the property goes under contract. He models the tax hit with and without a 1031, coordinates with your qualified intermediary and closing attorney, and makes sure the New Jersey paperwork is handled correctly at closing.
He has guided many of his 250+ real estate clients through successful exchanges. Clients know they can call him when the pressure is on.
Compound the deferral.
Simon plans the cost segregation study on the replacement property so you don't lose the accelerated depreciation benefit you just deferred. Deferral plus acceleration is the combination that actually moves cash flow.
Questions Simon answers fast.
- Can I still do a partial exchange?
- Yes. Simon will show you the tax cost of any boot before you commit, so a partial exchange is a decision, not a surprise.
- What happens to depreciation recapture?
- Recapture is deferred alongside the gain in a full exchange. He tracks basis carryover so the eventual disposition is clean.
- Do I qualify for NJ GIT/REP withholding relief?
- Depends on residency, entity type, and how the exchange is structured. He handles the paperwork with the closing attorney.
- How do I combine this with cost seg on the new property?
- Simon sequences the acquisition, the study, and the tax election so nothing is left on the table.
These strategies compound.
Have a sale coming up? Talk to Simon early.
Book a focused conversation. Simon will review your situation and lay out the path forward — clearly, in plain English.