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Samuel Lee
  • Ellicott City, MD
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1031 exchange intermediary

Samuel Lee
  • Ellicott City, MD
Posted

I'm having a hell of a time finding a 1031 exchange intermediary.  Anyone have any recommendations in the Maryland area?  

Also,  does anyone know the cap dollar figure for the 1031 exchange? I hear it's 5.5 million.  What happens if I surpass that.  Can I just create another llc?  

Wouldn't it be better to pay the capital gains now as opposed to later when the capital gains taxes and taxes in general will be much higher? What are the perks to this if this is the case.  I guess besides the hedging in case the market tanks.  

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

@Dave Foster or @Bill Exeter are both fantastic intermediaries. 

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Kolodij Tax & Consulting

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