EXCHANGE PLAYBOOK DOWNLOADS

Separate playbooks cover identification rules with worked examples, the forty-five-day and one hundred eighty-day deadline calendar, a boot avoidance checklist applied before an identification notice is finalized, and a Form 8824 documentation organizer covering both federal and Massachusetts filing requirements.

No. Playbooks are educational reference material intended to support, not replace, the investor's qualified intermediary, attorney, and CPA on a live transaction. Guidance can change, and an investor relying on a playbook for a current exchange should confirm terms against current rules with their own advisors.

The checklist walks through the comparisons that generally determine boot exposure, replacement property value against relinquished property net proceeds, and new debt against extinguished debt, applied to a specific candidate property before identification. It is a structured checklist rather than a substitute for a CPA's exact boot calculation on a specific transaction.

No. It organizes the documentation categories, settlement statements, the qualified intermediary's exchange accounting, and a basis carryforward worksheet, that a CPA generally needs to prepare Form 8824 accurately, reducing back-and-forth during filing season without preparing or filing the return itself.

The core federal mechanics apply nationally, since Section 1031 is a federal provision, and Massachusetts-specific notes are layered in where relevant, including the state's flat five percent income tax rate and four percent Fair Share Amendment surtax above the indexed income threshold, both of which affect after-tax comparisons for a Boston-area investor.

Yes. Playbooks are distributed as secure downloads intended for sharing across a transaction team, since identification rules, deadline mechanics, and documentation requirements are relevant to several parties on a typical exchange, not to the investor alone.