updated June 2020 Be sure to read Planning Ahead for a Successful Exchange What do three children do when they inherit one property? If you answered “Fight!” you would probably be correct. Frequently, people think 1031 exchanges are only useful to defer taxes when an...
updated June 2020 Be sure to read Safety & Security for Exchangers and The Role of the Qualified Intermediary In recent months we’ve learned of Bernie Madoff and others who perpetrated frauds upon their clients, most recently, Russell Wasendorf, Sr. of...
updated June 2020 Be sure to read The Role of the Qualified Intermediary During recent years, real estate prices have dropped and foreclosures/deeds in lieu have increased. Economically distressed properties have been repossessed by lenders in transactions void of...
To preserve the full tax-deferred benefit of a 1031 Exchange, it’s crucial to set up the exchange with your Qualified Intermediary before any closing or transfer of property. Ideally, contact IPX1031 before or right after you enter into a sales agreement or open...
