Many taxpayers want to get into the 1031 exchange game, but don’t know where to find a qualified intermediary to facilitate their transaction. In this article, we are going to offer up a few tips for finding a qualified intermediary for your 1031 exchange.
Ask Your Network
When you’re looking for a referral for anything, one of the best places to start is your existing network. Reach out to your real estate broker, your financial planner, your accountant, or your attorney and see if they can recommend an intermediary for your exchange. These professionals likely interface with qualified intermediaries during the course of their business and they can likely connect you with a trusted intermediary.
Do Some Research
You should also do your own research, even if you’ve been given a referral. Start with a Google search and find an intermediary with great reviews. Check out their web presence and see if they are a well regarded in the industry.
1031 Exchange Company – CPEC1031, LLC
CPEC1031, LLC is your go-to 1031 exchange company, ready to help answer all of your 1031 exchange related questions. We have more than two decades of experience in the like-kind exchange industry and are well-suited to guide you through the 1031 exchange process and help you avoid any potential pitfalls. We are here to help you defer capital gains taxes when you sell qualifying real estate. Contact us today at our downtown Minneapolis office to learn more about our 1031 exchange services and see how we can help you through the specifics of your next real estate exchange.
Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
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