Reverse 1031 Exchange Overview
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- Опубліковано 5 вер 2024
- A reverse 1031 exchange allows exchangers to purchase replacement property prior to selling relinquished property in a 1031 exchange. In this video, Paul Holloway gives an overview of how a reverse 1031 exchange works. For a more detailed look at reverse 1031 exchanges, see our video titled "10 Steps to a Reverse 1031 Exchange."
Awesome video
what is advantage of reverse 1031 exchange ? The only thing that I can think of is a property is for sale and you don't want to lose the opportunity on it so you proceed with a reverse exchange. But then that puts you under the gun to sell your relinquish property. How do these usually work and what is the reason most people choose the reverse route ?
if you buy ready to move in home where they don't hold contingency until you sell your home this is beneficial. but what if you can't sell the home. it becomes expensive to pay title fees twice and intermediary fees.
Then don’t play
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