1031 Exchange Coordination

WE OVERSEE YOUR TRANSACTION TO MAKE SURE THAT YOU COMPLY WITH ALL APPLICABLE RULES GOVERNING 1031 EXCHANGES

OUR SERVICES

We assist you with selecting properties to ID within the 45 Day Identification Period. We help you understand and complete your identifications using either the 1) Three Property Rule, 2) 200% Rule, or 3) 95% Rule. We help you complete all your exchange paperwork. Finally, we help you close your transaction within the 180 day statutory exchange period. During your exchange, we help you understand eligible "exchange costs," financing rules, and tax issues associated with your exchange.

Think of us as your Real Estate Broker, Lawyer, and Investment Adviser, all in one!

Step 1:

Execute Exchange Agreement

Our team of expert 1031 exchange lawyers will review all legal contracts related to your exchange and assist you with getting the documents executed. We also have relationships with many of the 1031 Qualified Intermediaries, and we can help select the QI that is best suited to assist with your transaction.

Step 2:

Search Properties, Enter Into Contracts, Complete 45 Day Statutory Identification

You have 45 days from the sale of your relinquished property to identify replacement properties. We help you locate, analyze, enter into contracts, and complete your 1031 exchange 45 day identification within the required time frames. We help you to understand the different rules applicable to making your identification, and we help protect your equity by avoiding costly mistakes.

Step 3:

Due Diligence

During the due diligence process, you may uncover issues that affect your exchange. Maybe you want to change the amount debt that you are using, or you may wish to complete physical improvements to the property. We help you understand how every decision affects your 1031 exchange.

Step 4:

Closing

Finally, we help you close your transaction. We review all legal documentation, loan documents, and escrow closing statements to make sure that you avoid costly errors that will impact your 1031 exchange. For example, we look over all the documents so that we can identify if you are paying non-exchange related expenses, such as financing fees and interest, with exchange funds, which will result in your having to realize gain in your exchange.

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