Find your Utah replacement property before the clock runs out
Already sold, under contract or planning a sale? Joshua Sterling, REALTOR® with RE/MAX Associates, helps investors find, evaluate and close on Utah replacement property, and keeps the purchase on pace with your exchange deadlines.
On a deadline? Call or text(385) 204-5596Replacement Property Search
Start with where you are in the process. Joshua will follow up personally.
Already sold? What should you do this week?
- Confirm your day-45 and day-180 dates in writing with your qualified intermediary.
- Start financing: a pre-approval or proof of funds.
- Send Joshua your price range, property types and areas.
- Pick backups, not just a first choice.
- Send your identification only to your QI, signed and in writing.
How does Joshua build your short list?
- An MLS search plus other available properties he can find.
- In-person tours, or video tours if you can't be there.
- A check of rent, condition and any HOA rental rules.
- Help choosing a first choice and backups so the three-property rule works for you.
How do you evaluate cash flow, financing and risk?
- Rent compared with expenses.
- HOA rental restrictions.
- A financing timeline that fits your 180-day window.
- Inspections before you commit.
Run the numbers with your CPA and lender. Joshua isn't a financial adviser.
Investing in Utah from out of state?
Joshua can tour properties for you by video, and many closing steps can be signed remotely where the title company allows. If you sold California property, California requires a yearly Form FTB 3840 filing, so loop in your CPA.
Frequently Asked
Replacement property questions
Yes. If you're inside your 45-day window, call now — the sooner you start, the more options you'll have.
Many investors use the three-property rule and name a first choice plus two backups. Your qualified intermediary can confirm what fits your exchange.
Yes. Joshua can tour properties for you by video, and many closing steps can be handled remotely, depending on the title company.
Generally business or investment real estate, such as single-family rentals, small multifamily, commercial property or land. Confirm your plan with your tax adviser.
Sometimes, but a home still being built is tricky: you have to receive it by your exchange deadline and it has to substantially match what you identified. Talk with your qualified intermediary before you commit.
Next Step
Book a 15-minute call with Joshua
Talk through your deadlines, budget and the Utah areas you're considering.
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Joshua Sterling is a REALTOR® with RE/MAX Associates. He handles the real estate side of your exchange and is not a CPA, attorney, investment adviser or qualified intermediary. Confirm exchange eligibility, deadlines and tax treatment with your qualified intermediary and tax adviser.