The sale of easements, such as those for https://www.accruit.com/blog/renewable-energy-1031-exchanges-wind-farms… energy generation, may qualify as the sale of a real property interest under IRC Section 1031. In this video, https://www.accruit.com/about/meet-team/max-hansen”>Max Hansen, Managing Director at Accruit, discusses how Exchangers can leverage proceeds from these sales as Relinquished Property to complete a 1031 Exchange, reinvesting in other real estate for investment purposes or productive use in a trade or business.
We also touch on the ability for Exchangers to use the proceeds to acquire nearly any type of investment or business use real estate based on the broad definition of like-kind, such as single/multi-family rentals, self-storage facilities, commercial buildings, and more.
Video: Easements for Renewable Energy as Relinquished Property in a 1031 Exchange
