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We built 1031 Advantage with a simple goal: bring clarity, compliance, and responsiveness back to the 1031 exchange process. Over the years, we kept hearing the same frustrations from investors, attorneys, and CPAs: • Slow responses • Confusing guidance • Missed details • A lack of accountability A 1031 exchange is too important and too time‑sensitive for that. At 1031 Advantage, we focus on the fundamentals: • Clear communication • Precise documentation • Segregated accounts

In New York State, the "drop and swap" refers to a valid real estate tax strategy used in §1031 like-kind exchanges . The New York Division of Tax Appeals (DTA) has officially approved the use of this strategy, even when the property distribution and the subsequent sale occur on the same day. What is a "Drop and Swap"? A "drop and swap" is a planning technique used when a property is owned by a partnership or an LLC and not all members want to participate in a like-kind exc