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A traditional forward 1031 exchange is when you sell investment property (relinquished property) and roll all, or part, of the sale proceeds into the purchase of a new investment property (replacement property).
A reverse 1031 exchange is when you purchase your replacement property before you close on the sale of your relinquished property. It involves additional paperwork and procedures on top of the standard 1031 exchange.
An improvement 1031 exchange is when you are doing a standard 1031 exchange and you use the proceeds of the relinquished property to acquire and improve the replacement property as part of your 1031 Exchange transaction.
An improvement 1031 exchange is when you are doing a standard 1031 exchange and you use the proceeds of the relinquished property to acquire and improve the replacement property as part of your 1031 Exchange transaction.
A reverse 1031 exchange is when you purchase your replacement property before you close on the sale of your relinquished property. It involves additional paperwork and procedures on top of the standard 1031 exchange.
A traditional forward 1031 exchange is when you sell investment property (relinquished property) and roll all, or part, of the sale proceeds into the purchase of a new investment property (replacement property).