|
Michael S. Dunn
Broker
Associate
Bray & Co. Real Estate
Ph: 970-384-8908
Cell: 970-309-9249
Fax: 970-945-4026
Send an email
Index Of
Useful Articles
Real Estate
Listings
from
Aspen to
Glenwood Springs
I will provide personal attention to your
real estate needs.
Michael S. Dunn
|
|
|
| |
|
INFORMATION FOR INVESTORS
How to Do a
Reverse Exchange
How to set up a reverse exchange ...
1. Consult with your realtor and a QI (Qualified Intermediary) before
you get started. We'll work with you to structure a reverse exchange
that best meets your needs.
2. Negotiate a property purchase contract, including provisions allowing
you to assign the contract and to undertake a 1031 exchange.
3. Arrange financing for the purchase of new property by the EAT.
(Exchange Accommodation Title-holder, which is usually the same entity
as the QI.)
4. Work with your QI, your real estate broker, and closing agent to
close on the EAT's purchase of the new property.
5. Begin any construction work that is included in the exchange.
6. Identify the property you want to sell.
7. Work with your QI, your broker, and closing agent to close on the
sale of your old property.
8. Acquire the new property from the EAT, completing your exchange.
|
| Investors Main Page |
1031 Tax-Deferred Exchanges
|
|
Go |
Go |
For your information...
I will be adding additional important information to this page to assist you in
making the necessary preparations to ensure a smooth transaction when it comes
to selling your property. Please give me a call if you have any questions or
comments.
|
 |
|
|
|
|
|
