What are the "nuts and bolts" of a 1031 exchange? How does a 1031 Exchange work exactly? Are there certain guidelines I need to follow to complete my 1031 Exchange? Are there any time restrictions for completing a 1031 Exchange? What are the requirements for replacement properties? How do I know which replacement property option is best for me? Which companies have the best replacement properties? Is a Tenant-in-Common property a good fit for me? Why should I consider an Oil & Gas property? What are the benefits of exchanging rather than just paying the taxes? Do I have to be in a 1031 Exchange in order to invest? What do you charge for your services?	How does a 1031 Exchange work exactly? While there are many types of exchanges, the Delayed Exchange is the most commonly used. A Delayed Exchange occurs when there is a time gap (a maximum of 180 days) between the sale of your old investment property (Relinquished Property) and the purchase of your new investment property (Replacement Property). The 1031 Exchange process is very specific. We urge you to call us for a free consultation at 1.800.608.1031 so that we can walk you through your unique situation. However, the following is a brief overview of the Delayed Exchange Process: Step 1: You must sell your Relinquished Property. Once you close on this property, the proceeds must be delivered to a Qualified Intermediary. Step 2: You must identify Replacement Property within 45 days following the sale of your Relinquished Property. You may generally identify three properties as a potential Replacement Property. There are alternate rules of identification for properties that do not fall under the 3 properties rule. Step 3: You must purchase your Replacement Property within 180 days following the sale of your Relinquished Property. Your Replacement Property must be one or more of the properties that you identified during Step 2. At your Replacement Property closing, the proceeds are paid directly by your Qualified Intermediary. You then receive the Deed to the Replacement Property. We would be happy to answer any questions you may have. Feel free to contact us today! 866.347.1031 toll-free
Securities offered through Steven L. Falk & Associates, Inc., Member NASD-SIPC 3245 Elk Clover Street | Las Vegas, Nevada 89135 | 702.240.0174 office This information is neither an offer to sell nor a solicitation of an offer to sell any security and is being supplied for information purposes only. All investments have inherent risks; TIC investments also have risks, including those common in real estate investment. Potential risks relating to each investment property are disclosed in a private placement memorandum available to ACCREDITED INVESTORS ONLY that must be read by the investor prior to making an investment decision. The information provided on this website is not intended as a substitute for qualified legal and/or tax advice. Copyright 1031ExchangeWorks.com All rights reserved.    Web Design A3K Advertising, Inc.  Contact ExchangeWorks Site Map