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Updated almost 5 years ago on . Most recent reply

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16
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Shawn Hansen
  • Tampa, FL
5
Votes |
16
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1031 Process - Need Guidance

Shawn Hansen
  • Tampa, FL
Posted

Hello BP! 

Selling our first investment property and I know the best approach is to defer capital gains through the 1031. Does anyone have recommendations for a good company to handle the transaction? Sale of investment is in Washington and the purchase of a new one will be in Florida. And some rough research shows transaction fees higher than what I expected. I'm seeing some companies charging $1,000 for the sale of the home and $250 for what appears to be to identification of the future investment. Does this sound reasonable? 

Thanks for any and all feedback. 

-Shawn

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