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Leah Badach, 1031 Exchange Specialist serving Rhode Island

1031 Exchange Specialist Rhode Island

Certified Exchange Specialist

The Sontag Group The Sontag Group

Rhode Island's trusted qualified intermediary for seamless 1031 tax-deferred exchanges on multi-family, vacation rental, and commercial properties.

10+
Years
5,000+
Exchanges
$1B+
Facilitated

1031 Exchanges in Rhode Island

Looking to defer capital gains taxes on your Rhode Island investment property? A 1031 exchange lets you sell and reinvest into like-kind property while keeping 100% of your equity working for you. Small state with concentrated, high-demand rental markets.

Rhode Island taxes capital gains as ordinary income at up to 5.99%. Working with a Certified Exchange Specialist ensures you meet every IRS deadline and maximize your tax deferral — whether you're exchanging multi-family, vacation rental, and commercial properties in Providence, Warwick, Cranston.

Leah Badach, CES at The Sontag Group, has facilitated over 5,000 exchanges totaling more than $1 billion nationwide, including forward exchanges, reverse 1031 exchanges, DST exchanges for passive investors, and construction/improvement exchanges.

Rhode Island 1031 Exchange FAQ

Common questions from Rhode Island investors

How does a 1031 exchange work in Rhode Island?
A 1031 exchange in Rhode Island follows the same IRS rules as anywhere in the U.S. You sell an investment property, a qualified intermediary holds the proceeds, you identify replacement properties within 45 days, and close within 180 days. Rhode Island taxes capital gains as ordinary income at up to 5.99%.
Do I need a qualified intermediary in Rhode Island?
Yes. IRS rules require a qualified intermediary (QI) to facilitate your 1031 exchange. The QI holds your sale proceeds and ensures compliance with all deadlines. You cannot touch the funds yourself, or the exchange is disqualified. Talk to a certified QI today.
What properties qualify for a 1031 exchange in Rhode Island?
Any property held for investment or business use qualifies, including multi-family, vacation rental, and commercial properties. Primary residences and fix-and-flip properties do not qualify. Your replacement property can be in any U.S. state — you're not limited to Rhode Island.
Can I exchange my Rhode Island property for one in another state?
Absolutely. 1031 exchanges allow you to sell in Rhode Island and buy replacement property anywhere in the United States. Many investors use this to diversify into different markets or move into passive investments like DSTs.
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