1031 Exchange, Financial Planners, Go Zone Investment questions.
I am a sales agent with a developer who only sells to investors. Right now we are building 1500+ homes in Bay St. Louis, MS. Some of these homes are already built and ready to close ASAP. Now we also have homes that are not built, but from time of contract until CO is about 120 days. What is the time frame for 1031 exchanges? Is there ever any time when a 1031 exchange works with new construction or rental properties? The product we offer has been generating a positive cash flow and they are appraising for much higher then what we are selling them for. So if there are any 1031 opportunities out there I would like to try to make my product known to your customers. Also, we pay a 4% referral fee on the sale price of the property to Realtors. Feel free to contact me for any further information. Some of the homes we have are 4 bedrooms w/2 baths and are selling for $131,900. The others are 3 bedrooms with 2 baths and they are at $124,200 and $125,900.
Your feed back and assistance is greatly appreciated.
Mary Luz-Johnsen
Gulfstream Realty & Development LLC
888-505-6906 ext. 128 offic
239-210-8245 cell
www.katrinagozoneinvestments.com
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