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Updated over 3 years ago on . Most recent reply presented by

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Miguel Quintana
  • Investor
  • New Jersey
7
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20
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1031 intermediary recommendations

Miguel Quintana
  • Investor
  • New Jersey
Posted

Anyone have recommendations on who to use for a 1031 exchange? I’m located in NJ but unsure if that even matters. What was the process like? This is my first exchange. Any advice is most appreciated.

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362
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Ray Slack
  • Investor
  • White Haven PA
221
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362
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Ray Slack
  • Investor
  • White Haven PA
Replied

You don't need someone in the same state.. Location doesn't really matter.. I just finished up a 1031 and used @Dave Foster as the QI ..This also was my first exchange. Found him and his firm to be very knowledgeable and helpful.. I had lots of questions and they answered them all.. Also, found him easy to reach by phone whenever I had a question. I would recommend him 100%.

The process is pretty easy, just pay attention to your dates. 45 days to identify..  The hardest part of the whole thing is trying to find replacement properties at a reasonable price in this market.

Ray Slack

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