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The section 1031 EXCHANGE,
also known as a TAX DEFERRED EXHCHANGE is a fast growing and very effective
way of disposing of real estate while deferring the capital gains taxes.
A successful
tax deferred exchange requires the use of a qualified intermediary. Our
intermediary services are fast and economical. We suggest you contact
your tax adviser and our intermediary expert before accepting an offer
on the property you wish to sell.
A one-time
fee includes:
1.
Notifying your buyer and arranging to retrieve yout sales proceeds from
your buyer or settlement agent.
2.
Holding your funds in an interest bearing, insured account
3.
Notifying the seller of your replacement property of your intentions
4.
Delivering your funds to the agent handing the replacement property
closing.
5.
Use of a "direct deeding" contract to simplify the process
and avoid the duplication of deeds and transfer fees.
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