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South Dakota

Qualified Intermediaries

South Dakota 1031 Exchanges

South Dakota State Tax Information

South Dakota does not have state or local capital gains taxes. The Combined Rate accounts for the Federal capital gains rate, the 3.8 percent Surtax on capital gains, and the marginal effect of Pease Limitations on itemized deductions, which increases the tax rate by 1.18 percent.

South Dakota does not have a state income tax.

State Rate


Local Rate


Combined Rate




1031 Exchange Providers in South Dakota

Homestead Escrow & Exchange Company

Sioux Falls, SD

Homestead Escrow & Exchange Company is based in South Dakota and specializes in I.R.C. 1031 exchange transactions. They offer professional intermediary services for all types of real property exchanges. However, they are not a member of the Federation of Exchange Accommodators.
Midland 1031

Fort Myers, FL

Pennington Title Company

Rapid City, SD

Pennington Title Company, established in 1954 and based in South Dakota, is a full-service title agency known for its title insurance and escrow closing services in the Black Hills area. It is a Preferred Agent for both Chicago Title Insurance Company and Stewart Title Guaranty Company. The company prides itself on its dependability, integrity, and expertise, and is recognized for its exceptional service in the real estate settlement industry. Pennington Title utilizes advanced technology to efficiently produce title insurance products and offers customized services for commercial, residential, or new construction real estate transactions. The company's staff is highly experienced, with many professionals having 20 to 30 years in the industry. Pennington Title is also noted for its adherence to the American Land and Title Association’s best practices, aiming to provide a superior real estate settlement experience. Resources

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