Like-Kind 1031 Exchanges
1031 Exchange Explained
You will have 45 days from your closing date to identify a like-kind property and deliver a written description of your intent to the seller of the potential new property — or an intermediary individual. In addition, you will have 180 days from your closing date to complete the exchange.
What Does NOT Qualify for 1031 Exchanges?
Unfortunately, homeowners who do not use their home for business use (e.g., renting it out) do not qualify. Other types of non-real-estate assets do not qualify for like-kind exchanges:
- ^Stocks
- ^Bonds
- ^Securities or Debt
- ^Partnership Interests
- ^Certificates of Trust
What DOES Qualify for 1031 Exchanges?
Any real estate held for business, trade, or investment qualifies for a 1031 exchange in Arkansas. It could be a commercial building, residential housing complex, farmland, or oil and gas investment, just to name a few. Qualified Arkansas properties are not limited to any particular industry and range widely:
- ^Healthcare Facilities
- ^Self-Storage Facilities
- ^Shopping Centers
- ^Student Housing
- ^Industrial Warehouses
- ^Oil and Gas Fields
- ^Agricultural Land
- ^Factories
- ^Condominiums
- ^Office Buildings
- ^And More
1031 Exchange in Arkansas
We can help you with a like-kind exchange if you are selling a rental property, commercial property, or land purchased for purely investment purposes. Kings River Title contracts with a local tax attorney who handles all 1031 exchanges in Arkansas directly through our agency.
We work very closely with our attorney, guiding you through every step of the process to help you reach your investment goals through a legal real estate transaction.
Our Process
Step 1
You enter an order or
request a quote.
We will schedule a consultation to discuss your residential title needs in depth. We’ll answer any questions you may have, as well as provide an action plan for our next steps once the consultation is complete. You’ll speak with us one on one to ensure you receive a personalized, attentive experience.
Step 2
We get to work searching every record.
Kings River Title goes back at least 30 years (usually longer) in a search of public record to find the key information you’re looking for about your title. We dive deep into the records and look at whatever information is necessary to find the answer you’re searching for about your title.
Step 3
You walk away with knowledge and assurance.
Once our process is finished, we present our findings to you and include proof of what we discovered. You will walk away with a deeper understanding of the history or circumstances that do or don’t affect your title and feel peace of mind that your property will not become a legal nightmare in the future.
Client Testimonials
We’ve been serving Northwest Arkansas for nearly two decades. Here’s what our clients have to say.
Jeff Epley
Fantastic service with on-time closings!
Tim Hollowell
I've been using Kings River Title for my property closings for several years. As a real estate investor, I need a company I can trust, and when purchasing new investments, these guys deliver every single time. Communication is above top-notch, as the closers keep me updated every step of the way. I can't say enough good things about Kings River Title as I look forward to many future continued ventures with them, and thanks for all you do.
Jenna Watson
I had my first experience with Kings River Title recently. The transaction went smoothly, and Kristine and the staff were super friendly and helpful! I look forward to doing more business with KRT in the near future!
Judy Lagueux
KRT is a dependable, thorough title company! I appreciate the way the staff works in meeting their clients' needs. They are on top of things when it comes to emails, returning calls, and fully explaining each real estate transaction. They were friendly and accommodating through every scenario, and we encountered some tough ones.
As a Real Estate Agent who worked closely with Kristine, I'm thankful to Kings River Title for hiring top-notch staff like Kristine Crownover and the rest of the professionals in the office!
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Noah Jones
Thanks to Kings River Title, not only have we personally closed hundreds of deals with our mutual clients but even our own personal real estate endeavors. Their flawless communication and attention to detail make the process seamless each and every time. I would highly recommend Kings River for any and all title purposes.
Jaime Howell
This was my first experience with Kings River Title, and working with Kristine was a pleasure! As a realtor, it makes the whole process so much easier when you are partnered with a great title agent. I certainly hope we get the opportunity to serve our clients together again!
Cindy L. Hawkins
I have had the pleasure of doing business with Kings River Title for real estate transactions and have been thoroughly impressed with the excellent services and exceptional customer service that they provide. Each member of their staff is friendly, professional, and easy to work with. In my experience, Kings River Title went above and beyond to make sure each transaction closed timely and smoothly. They have an amazing attention to detail, and are courteous, responsive, efficient, and knowledgeable, making them a true pleasure to work with for each transaction. I wholeheartedly recommend Kings River Title for all your real estate needs!
Dustin Walker
I refer nearly all of my clients in the area to Kings River Title! The staff has great communication with the client and is always knowledgeable, efficient, & friendly, regardless of what kind of transaction they’re presented with. I would highly recommend Kings River Title to anyone looking title services!
