What Does it Cost to Record a Deed in a 1031 Exchange?

1031 Exchange Recording Fees

A common question we get from clients during a like-kind exchange is: “how much does it cost to record a deed in a 1031 exchange?” That's our topic for this 1031 exchange education article.

Minnesota County Recorder

In Minnesota, the charge to record a document in the county records is $46 per document. In addition to the recording fee there may also be a $5 conservation fee imposed as well.

On top of the recording fees, there can also be transfer tax or deed tax imposed. The rate of tax may depend on the value or consideration paid for, and the county in which you're located.

Hennepin & Ramsey Counties

In Hennepin and Ramsey counties the rate is .0034 multiplied by the total amount of net consideration. In out-state counties the rate is .0033 multiplied by the net consideration.

If you have questions about recording fees deed tax or other facets of 1031 exchanges give us a call.

  • 1031 Hotline: If you have questions about real estate recording fees, feel free to call me at 612-643-1031.

Defer the tax. Maximize your gain.

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