While the logistics of 1031 exchanges have been streamlined dramatically over the years since tax deferred exchanging was incorporated into the Internal Revenue Code in 1921, it is still critical for every Exchanger to have timely access to expert advice when they need it.
Also, since most Exchangers only complete a few 1031 exchanges during the life of their investment property ownership it is difficult for them to remember every rule or nuance which might impact the compliance of their transaction. That is why we always have a senior 1031 Library expert available to answer your questions. Schedule a brief call or a video conference so we can connect with you to discuss your transaction at 855-255-1031. Typically it only takes a few minutes for a professional to walk with you through your transaction and ensure that the proposed strategy is possible and the execution is flawless. We'll cover this checklist:
As an investment professional, I can be a little bit exacting in the manner in which my transactions are handled. The 1031 Library team was great and exceeded all my expectations.
Our last exchange involved the sale of one large property and the acuisition of multiple single family rentals. The logistics were daunting but 1031 Library made everything easy.
My last exchange involved a complicated diversififcation into a number of Delalware Statutory Trusts. There were many closings but the 1031 Library team did it all flawlessly.
I had never done an exchange before, so I was concerned that I would get everything right as I bought a new property in the Keys. My 1031 Library coordinator made it painless!
I sold several properties so I could transition into a large investment grade property. There were several closings, but the Exchanger Portal made it easy to track my balances.
1031 Library handled my exchange out of a Delalware Statutory Trust and into another. My broker suggested 1031 Library and I'm glad he did. Everything went perfectly!
We sold our family business which included a warehouse facility. 1031 Library and their completely digital approach made trading into a numbers of DSTs very easy!
We probably made things harder than they had to be buy combining two sales into one exchange. But even with a short timeline our 1031 Library coordinator made it work.