Description

Below are a list of questions Greg and I go over, if you'd like to reach out to contact Greg his number is 626-233-2773.

1. Can you give us a quick explanation of what a 1031 exchange is and how it works?
   
   
2. What are the tax impacts if in the future a client were to sell the property they exchange into?
   
   
3. What are some of the biggest mistakes people make when considering or doing a 1031 tax exchange?
   
   
4. What are some of the options that can be used on a 1031 where people take the proceeds into other investments other than real estate?
   
   
5. Is it possible for a client to do a partial exchange? Is there only certain times/circumstances that you can take money out of the exchange and what is the process?
   
   

FAQ’s found on the internet about 1031 Exchanges:

1. What is a mortgage boot?
   
   
2. How is seller-back financing impacted when doing a 1031 exchange?  {453 internal revenue}