1031 Exchanges in Iowa

Everything you need to know about buying and selling Iowa real estate while minimizing your taxable gain.

Iowa Capital Gains Tax Rates

Iowa allows taxpayers to deduct federal income taxes from their state taxable income. The Combined Rate accounts for Federal, State and Local tax rates on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).

State Rate
Local Rate
Combined Rate

Iowa Income Tax Rates

Iowa allows for a deduction of all federal taxes actually paid in cash during the year. The deduction is equal to federal taxes withheld from paychecks during the year, plus any estimated payments made during the year, plus any federal taxes paid with the taxpayer's tax return during the year. Note that this means the taxpayer would be deducting taxes paid with prior year federal return since that return would have been filed during the current calendar year. Iowa allows for a Tax Credit instead of a deduction for taxes paid in other states.

Find a Qualified Intermediary

Work with a qualified intermediary to qualify for a tax deferred real estate exchange. Find a local Iowa intermediary or exchange facilitator below.

Black Hawk Exchange, Inc.

221 East 4th Street, Suite 21, Waterloo IA 50703

DJF Exchange, Inc.

5167 Utica Ridge Road, Davenport IA 52807

Iowa Equity Exchange

2900 Jordan Grove, West Des Moines IA 50265

Iowa Property Exchange, LLC

6150 Village View Drive, Ste. 113, West Des Moines IA 50266

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1255 SW Prairie Trail Parkway, Ankeny IA 50023