Transactional Service Charges – 1031 Exchange Fees, Costs and Charges Evaluation of the 1031 exchange transaction fees and costs charges by Accommodators is a complex and intriguing subject. This article will help us to understand some of the intricacies of the 1031 exchange fees, costs and other charges. The article – presents facts from the … Read more
Too often a successful real estate investment comes at the expense of something else which is very valuable: time. As buildings age the amount of time needed to address the rising needs of tenants, as well as increasing maintenance costs, chips away at what might otherwise have long been a great investment. As a remedy … Read more
When entering into a 1031 exchange one often does not consider the ancillary costs that come with closing the transaction. Often the assumption is made that these costs will be subsidized by the 1031 exchange proceeds. However, while some of these costs certainly can be bankrolled by the tax deferred exchange, some cannot. Knowing how … Read more
A 1031 exchange is a tactic used by real estate investors to indefinitely defer tax liability on a property’s sale. This is achieved by giving the rights to a property one would like to sell to an intermediary, who holds on to the funds gained from the sale of the relinquished property and uses them … Read more
If you are considering a 1031 property investment, then you will need to seek the services of a Qualified Intermediary (also referred to as a QI). This may seem like a simple task but since there are no uniform licensing requirements or oversight regulations for those in these positions it makes it a little … Read more