1031 Exchange Definitions

Written by Linda Alexander
Bookmark and Share

If you are confused about 1031 exchange definitions, it is best to educate yourself. There are lots of resources on the Web that will help you learn about 1031 exchanges. Articles, message boards, online discussion forums, and online publications are just a few ideas.

A qualified intermediary is another resource to help you with your 1031 exchange. Their business is to facilitate the transaction for you from start to finish. Many investors would like to trade properties but lack the time or knowledge to do it properly. Using the services of a 1031 specialist company is a wise choice.

Qualified Intermediaries for Expertise

When you are short on time or expertise, or both, why not let somebody else find qualified properties for you? There are thousands of sellers waiting for a buyer just like you. At the same time, there are thousands of buyers looking for a property like the one you wish to relinquish. The problem is finding them.

Letting a middleman put you together with other buyers and sellers is a shortcut to closing your deal. Since you only have six months from the sale of one property to purchase another, you will want the process to be smooth and speedy. Don't risk missing the tax advantages. Instead, find a competent intermediary who can locate properties for you as well as handle the transaction. In no time, you can trade up to a larger investment while deferring your capital gains tax.

Bookmark and Share