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Exchange Planning

1031 Exchange Guide for Westside Multifamily Owners

What Westside apartment owners should discuss with a CPA and qualified intermediary before a 1031 exchange.

By Don Favia · 8 min read · Updated July 3, 2026

Direct Answer

A 1031 exchange should be discussed before selling, not after escrow opens. Westside multifamily owners need to coordinate value, timing, replacement-property criteria, debt, tax exposure, and qualified intermediary deadlines early.

Plan Before the Sale Starts

Owners considering an exchange should speak with a CPA, tax advisor, attorney, and qualified intermediary before signing sale documents. Sale timing, identification deadlines, and replacement debt can affect the strategy.

Use Value to Set the Search Range

A realistic value range helps define replacement-property targets, expected equity, debt needs, and whether a sale still supports the owner's larger plan.

Tax Disclaimer

This is for general informational purposes only. Consult with your CPA, tax advisor, attorney, and qualified intermediary for guidance specific to your situation.