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Updated almost 8 years ago,
1031 QI Attorney tried to rip me off, hesitant to try again...
A 1031 exchange attorney in NY tried to rip me off in my opinion. Even other attorneys and the LPO at escrow said they had never seen anything like this. I only got the money back after I threatened to call the FBI and did so. NINE days this guy led me on, didn't respond or otherwise claimed that he didn't receive a wire matching the reference number and sender, just the amount but that he could not match the money to me so it wasn't mine. Stopped responding, etc.
Long story short I got the wire back only after I went to the feds. Now I'm reading nothing but bad reviews about attorneys who do 1031 exchanges on yelp, avvo, etc. I'm tempted to just pay the capital gains instead of losing all of my money to a scam artist lawyer. I asked escrow co. to recommend one and they sent me the info of the guy they work with on 1031's all the time, he apparently does all the 1031's for a major realtor office. All the reviews online look good, but...although it's a dual signature account for the money that he tried to put me at ease with, when I asked how that signature is given to the bank he said it's by fax, and it's an online back called community online bank. Of course I don't know that the signature he sends them for the second signature is mine, unless I go to his office and watch him fax it, which is how he said he does it when I asked him....