Need help finding and choosing a qualified intermediary? These resources will help.
Arizona is more than just retirees, golf courses, and great February weather. It’s also one of the hottest real estate markets in the country. Employers are attracted to Phoenix, Tucson, and Flagstaff’s vibrant and educated workforce, and business-friendly climate. If you own property in Arizona, you’re likely very happy with your purchase. Due to the …
Ask anyone about the economy and property values of Colorado and their response will likely use a common word – “booming.” You may be asking, how will a 1031 exchange in Colorado help me? The 8th largest state by land size, Colorado is one of the fastest growing states population-wise. Large employers are moving into …
California is the United States’ largest economy and one of the best places to do a 1031 exchange. Due to its incredibly high tax rate and skyrocketing home prices, many property owners have found that the 1031 exchange in California can save them hundreds of thousands in taxes. Some folks have so much appreciation they’re …
By now, you’ve like realized the inevitable: You need a qualified intermediary for your 1031 exchange. For one, the IRS says that an exchange is only “safe harbor” when there’s a facilitator involved. Second, 1031 exchanges are tough. There are hundreds of “if’s, and’s, and but’s” to consider for every situation. Last, qualified intermediaries give …
Read moreHow to Find a Qualified Intermediary You Can Trust – The Comprehensive Guide
You’ve decided a 1031 exchange is right for you. Your investment property has appreciated, and you want to get chips off the table. Or, you’re looking to “trade-up” and use the sale money for a down payment on a larger property. Rather than pay thousands in taxes, you’re looking for a qualified intermediary for your …
Choosing a qualified intermediary can seem like full-time job. There are many things to consider such as: Is my qualified intermediary reputable? How do I know the qualified exchange company won’t lose my money? The qualified intermediary I’m talking to is halfway across the country. Can I do an exchange over phone and email? Will …
Read moreDon’t Choose a Qualified Intermediary Before Asking Them These Questions