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claude-opus-4 Finance

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Write a 1031 Exchange Plan

Defer capital gains taxes when selling investment property.

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# Write a 1031 Exchange Plan **Best model:** Claude 4 Opus **Category:** Real Estate & Property **Tags:** 1031 exchange, taxes, real estate, investment ## Description Defer capital gains taxes when selling investment property. ## Prompt Create 1031 exchange plan for selling [PROPERTY] and acquiring [REPLACEMENT]. Value: [VALUE]. Include: 1. ELIGIBILITY: Like-kind requirements, holding period, intent. 2. TIMELINE: 45-day identification, 180-day closing. 3. IDENTIFICATION: 3-property rule, 200% rule, 95% rule. 4. QUALIFIED INTERMEDIARY: Selection, fees, security. 5. REPLACEMENT PROPERTY: Search criteria, due diligence, financing. 6. BOOT: Cash boot, mortgage boot, tax consequences. 7. REVERSE EXCHANGE: When and how. 8. REPORTING: Form 8824, basis calculation. 9. RISKS: Failed exchange, partial boot, depreciation recapture. 10. ALTERNATIVES: Opportunity zones, installment sale, DST. Work with CPA and QI. Not DIY.

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