We understand the time constraints with conducting a 1031 Exchange and can assist you with the entire process from pairing you up with one of our (QI) partners and our "Off Market" deals that meet your exchange criteria based on a "like kind" property. This service is extremely valuable as time is of the essence and with inventory being at a all time low.
The first step in a 1031 Exchange before even selling the investment property is to pair you up with a full time qualified intermediary. You can choose from several of our exchange accommodation title holder's who are also referred as (QI) Qualified Intermediary to guide the 1031 Exchange investor. The investor's clock starts to click after they close escrow on the investment property and the 45 days begins to identify a like kind property and close escrow within 180 days.
Below is directly from the IRS website:
Consult a tax professional or refer to IRS publications listed below for additional assistance with IRC Section 1031 Like-Kind Exchanges.
CLICK ON THE IRS LINK BELOW FOR MORE INFORMATION
Please consult with a tax professional regarding form 8824 and review the IRS link above to get a clear and concise understanding of the 1031 Exchange process.