1031 Exchange accommodator

Using an exchange accommodator like Equity Advantage puts a professional in your corner who knows all the rules. Internal Revenue Code, to facilitate the tax deferred sale of your property and purchase of a replacement property. Providing Leadership. The team of experts at Equity Advantage includes exchange accommodators.

When the relinquished property is transferred to the buyer, the Exchangor may not know what property they want to acquire. If the Exchangor can not acquire the replacement property on the same day they sell the relinquished property then the Exchangor needs an accommodator. The Qualified Intermediary, often referred to in the real estate industry as an Exchange Accommodator or Exchange Facilitator, is authorized and required under Section 1. Downstream Exchange Company. You would normally pay capital gains tax on any profits you realize when you invest in a property, hold it for a period of time, then sell it. We can easily and effortlessly facilitate your property exchange nationwide.

Title to the newly acquired property will record in Investor’s name. All proceedings must be facilitated by an exchange accommodator known as a Qualified Intermediary (QI). The FEA is part of a consortium that is taking action on behalf of members asking the U. Treasury Department and the Internal Revenue Service to talk action to help ensure liquidity in real estate markets by delaying deadlines applicable to like-kind exchangesthat are currently underway.

Safety for Your Money We have set up protections for your proceeds during the exchange. The Company offers transparent, safe, easy and effective ways to facilitate the exchange process. Exchange Real Estate pricing options, save money and protect your investment with our tax free or no fee guarantee. As you can imagine, we’ve been witness to some goo some bad and some ugly transactions.

To affect such exchange , Buyer reserves the right to assign their position herein to a Qualified Intermediary. When property is sol the seller pays tax on any gain or deducts a loss. If an investor were to receive any money such as a wire from escrow to their bank account or even an uncashed check with the closing proceeds, this capital would become irreversibly taxable.

CLX Exchange Accommodators, Inc. Beutler Exchange Group facilitates tax-deferred exchanges of real estate. The qualified intermediary should be a corporation instead of an individual, primarily because a corporation has unlimited life. Nearly of exchanges generate some tax payment in the year of exchange.

More than of real estate exchange properties are later sold in a conventional sale, at which time tax is paid on the accumulated gain. When you work with First American, you have peace of mind knowing your transaction is in the hands of an industry leader. Another excellent source for finding. We offer our services for one flat fee of $6per transaction and are available to answer all of your questions.

We do not bill by the hours for these services. A tax-deferred exchange is a way to save money. If the Taxpayer meets the prescribed criteria as established by the Internal Revenue Service (IRS), then capital gains taxes may deferred by “Exchanging” property.

Evidence of insurance as well as contact information for the insurance broker is available. We will coordinate the transfer of funds and timely close with your Qualified Intermediary.