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Updated almost 7 years ago on . Most recent reply

User Stats

47
Posts
2
Votes
Michael Willis
  • jersey city, nj
2
Votes |
47
Posts

Best way to set up for 1031?

Michael Willis
  • jersey city, nj
Posted
I’m sure this has been covered before. But I have 1m in equity I wish to roll into the next purchase. (1) What’s the best way to proceed into a 1031? I don’t have my place on the market yet because I feel I need to know what I wish to buy first. (2) What’s the best way to go about this offer without money in hand? (3) Who is a reputable 1031 qualified intermediary? (4) How would owner financing affect the 1031 transaction? (5) What are the associated fees with a 1031? Thanks to all for your input!

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