Posted by JEscobar on January 11, 2003 at 22:38:50:
Yes. The best and most accurate answers for the rules and regs for the 1031 swap will be answered by the Accomodator of the 1031. Aske them point blank what you are concerned about and they will have an opinion to share with you and some strategies for the deal.
Posted by MARK CONNOLLY on January 08, 2003 at 07:23:29:
HEY… ANY SUGGESTIONS ON MAKING A 1031 SAWP A LITTLE LESS NERVE RACKING? MY DAD HAS FEARS THE REAL ESTATE BROKERS WILL SQUEEZE HIM WHEN THEY FIND OUT HE’S DOING A SWAP. HE’S SELLING A 825,000 SINGLE FAMILY AND PURCHASING A TWO FAMILY, EQUAL VALUE, ON LONG ISLAND. HE’S DEATHLY AFRAID OF PAYING CAPITOL GAINS TAX… ARE’NT WE ALL???