The Aaronson Group, led by REALTOR® Kevin Aaronson at Keller Williams Realty and KW Luxury Homes International, coordinates 1031 exchange real estate transactions across Orange County. With more than 28 years of California real estate experience and over 1,000 closings, the team supports investors, CPAs, and qualified intermediaries through the full IRS Section 1031 timeline, from relinquished property listing through replacement property close. The aim is to help investors defer capital gains, preserve equity, and reposition into the next chapter of their portfolio with disciplined execution.

Who This Service Is For

• Investors selling residential or commercial investment property in Orange County
• Investors acquiring like-kind replacement property in coastal Orange County
• Trusts, LLCs, and partnerships managing exchange-eligible real estate
• Out-of-state investors selling California property and exchanging into California or beyond
• CPAs, qualified intermediaries, and 1031 attorneys seeking a real estate partner who understands the timing

Common Challenges

A 1031 exchange operates on tight, IRS-defined timelines. Investors often face several pressures at once:

• 45-day identification window from the close of the relinquished property
• 180-day replacement window for closing on identified property
• Limited replacement inventory in tightly held coastal Orange County markets
• Like-kind, value, and equity rules that affect identification choices
• Coordination among the qualified intermediary, CPA, escrow, and title
• Boot, mortgage relief, and basis considerations that can affect deferral
• California Franchise Tax Board reporting and clawback awareness on out-of-state replacement property

How the Agent Helps

Kevin Aaronson and The Aaronson Group support 1031 exchange transactions by:

• Beginning with a phone or in-person consultation to map the investor’s exchange goals and portfolio plan
• Coordinating early with the qualified intermediary and CPA so timelines and documentation align before the relinquished property closes
• Pricing and marketing the relinquished property with the investor’s exchange timeline in mind
• Sourcing identification candidates through MLS, off-market, coming-soon, and pocket inventory
• Preparing market data and net-equity scenarios for each identified property
• Negotiating the replacement purchase with attention to closing inside the 180-day window
• Coordinating escrow, title, intermediary instructions, and signing across time zones when needed
• Providing post-close advisory on documentation, basis tracking, and future exchange planning

The 1031 Exchange Process

1. Investor Consultation: phone or in person; portfolio goals, exchange criteria, and timeline mapped
2. Intermediary and CPA Coordination: exchange agreement, basis review, and timeline confirmation
3. Relinquished Property Marketing: strategic pricing, luxury marketing rollout, qualified buyer outreach
4. Relinquished Property Close: proceeds wired to the qualified intermediary; 45-day identification clock starts
5. Replacement Property Sourcing: MLS, off-market, coming-soon, and pocket listings reviewed against exchange criteria
6. Identification: formal written identification within 45 days, supported by market data
7. Replacement Property Negotiation and Inspection: offer, contingencies, and due diligence inside the timeline
8. Replacement Property Close: within 180 days of relinquished close; intermediary funds the purchase
9. Post-Close Advisory: documentation, basis tracking, future exchange planning

Local Market Expertise

Orange County offers a wide spectrum of 1031 replacement opportunities. The Aaronson Group’s expertise spans:

• Newport Beach and Newport Coast: luxury single-family rentals and ocean-view investment properties
• Corona del Mar: village-area duplexes and single-family rentals
• Laguna Beach: ocean-view rental properties and short-term rental candidates where permitted
• Dana Point and Monarch Beach: resort-area condominiums and single-family rentals
• Laguna Niguel, San Clemente, San Juan Capistrano: single-family and multi-family investment inventory
• Inland coastal-adjacent submarkets: Irvine and surrounding cities for stabilized cash-flow investments

The team’s expertise also covers single-family rentals, small multi-family, condominium investments, and like-kind portfolio repositioning common to Orange County investors.

Why Work With Kevin Aaronson

• More than 28 years of California real estate experience; active in the industry since 1998
• 1,000+ closings across coastal Orange County
• Zero arbitrations or mediations across a 28+ year track record
• Ranked #1 Southern California Keller Williams agent (2020 to present)
• Top 50 of more than 30,000 Orange County agents
• KW Luxury Homes International network access for global buyer exposure
• Established working relationships with qualified intermediaries, CPAs, 1031 attorneys, escrow officers, and lenders
• Disciplined timeline management for the 45-day identification and 180-day replacement windows

Frequently Asked Questions

What property qualifies for a 1031 exchange?

Real property held for investment or business use generally qualifies for a 1031 exchange. Personal residences and property held primarily for resale do not qualify. The Aaronson Group coordinates with the investor’s CPA and 1031 counsel on qualification.

What does “like-kind” mean for real estate?

For real estate, like-kind is broadly interpreted. Investors can typically exchange residential rental for commercial, vacant land for improved property, and so on, as long as both relinquished and replacement properties are held for investment or business use.

How strict are the 45-day and 180-day windows?

Both timelines are firm under IRS rules. The 45 days run from the close of the relinquished property and overlap the 180 days. Missed deadlines typically end the exchange and trigger taxable gain.

Do I need a qualified intermediary?

Yes. A qualified intermediary holds proceeds from the relinquished sale and funds the replacement purchase under a written exchange agreement. Direct receipt of proceeds by the investor disqualifies the exchange.

How many replacement properties can I identify?

Common rules include the three-property rule (any three properties), the 200-percent rule (any number whose total fair market value does not exceed 200 percent of the relinquished property), and the 95-percent rule. Identification is finalized in writing within 45 days.

What is “boot” in a 1031 exchange?

Boot is non-like-kind value received in the exchange, including cash and reduced mortgage debt. Boot is generally taxable to the extent of gain. The Aaronson Group coordinates with the CPA on boot avoidance and structuring.

Can I exchange into a property in another state?

Yes. Like-kind real estate may be located anywhere in the United States. California investors should consult counsel and CPA regarding the California Franchise Tax Board annual reporting requirement on out-of-state replacements.

Can I do a reverse 1031 exchange?

Yes. A reverse exchange acquires the replacement property before selling the relinquished property using a qualified intermediary structure. The Aaronson Group coordinates with intermediaries who handle reverse and improvement exchanges.

How long does a 1031 exchange typically take?

From the close of the relinquished property, identification must complete within 45 days and replacement close within 180 days. The full transaction often unfolds over four to six months including pre-listing preparation.

Will the team help after the exchange?

Yes. After-exchange service includes documentation support, basis tracking, and ongoing real estate advisory for the next exchange or portfolio decision.

Educational Consultations Available

If you’re considering a 1031 exchange in Orange County, The Aaronson Group is here to help you align timeline, inventory, and tax strategy. Educational consultations are private and available by phone or in person.

• Call Kevin direct: 949-279-1644 (cell)
• Office: 949-388-5194
• Email: info@previewochomes.com