DeBee Gilchrist frequently structures and completes like-kind exchange transactions on behalf of clients. By ensuring compliance with the strict federal income tax requirements for like-kind exchanges, our clients are able to sell and acquire similar properties without adverse federal or state income tax consequences.
We can structure a like-kind exchange involving single or multiple parties or properties to be simultaneous or deferred, depending on the client’s needs and objectives. DeBee Gilchrist’s long-standing relationships with qualified intermediaries allow us to structure a deferred or reverse exchange despite the urgency or complexity of the transaction of any one party to the transaction.
In a typical like-kind exchange transaction, there are frequent questions involving law, accounting, valuation and commerce. The DeBee Gilchrist multi-disciplinary approach to analyzing each transaction and the education and combined years of experience of our attorneys provides clients with the best technical advantage to achieve the desired result.