ft myers beach homes: EIGHT STEPS TO A SUCESSFULL 1031 TAX EXCHANGE
- 03/09/07 01:07 AM
EIGHT STEPS TO A SUCESSFULL 1031 TAX EXCHANGE 1. TAX ADVISOR: Always consult with your tax or financial advisor to determine if a tax-deferred exchange is appropriate for your circumstances and compatible with your investment goals. Sale of the relinquished property 2. LIST YOUR PROPERTY: List the property with a licensed Real Estate Broker and include "intent to exchange" disclosure in the listing agreement. 3. BUYER COOPERATION: In the purchase agreement for the Relinquished Property, have provisions included requiring the Buyer to cooperate with the exchange (at no expense to the Buyer). 4. CHOOSE A FACILITATOR: Contact a Facilitator to prepare the exchange agreement, necessary amendments. … (0 comments)
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