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1031 intermediary recommendations
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.
Most Popular Reply
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