1031 Exchanges
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 3 years ago on . Most recent reply
1031 replacement property buyer agent commission rebate
Hello all.
I have some 1031 replacement property transaction questions:
- For my replacement property, can I work with a buyer agent who offers me rebate from their commission?
- Can this rebate be in to form of a check after closing? i.e. not part of the 1031 closing statement, so that I can get some cash to use, without it being considered boot?
Most Popular Reply
Dave Foster
#1 1031 Exchanges Contributor
Professional Services
Pro Member
#1 1031 Exchanges Contributor
- Qualified Intermediary for 1031 Exchanges
- St. Petersburg, FL
- 9,353
- Votes |
- 8,978
- Posts
Dave Foster
#1 1031 Exchanges Contributor
Professional Services
Pro Member
#1 1031 Exchanges Contributor
- Qualified Intermediary for 1031 Exchanges
- St. Petersburg, FL
@Snehanshu Ashar, If it's done after closing it would be very hard to track as boot. But if the IRS ever saw it they would call it boot and taxable for sure.
- Dave Foster
The 1031 Investor
92 Reviews
5.0 stars