It is exciting to work with clients in achieving their investment goals!

All I ask is to give me enough time to find what you seek. On one occassion, in November, an investor who happened to live out of state needed a property to qualify for a 1031 exchange. However he did not tell me until 38 days after he had closed on his qualified property in Tennessee...

The problem is any and ALL eligible properties MUST be declared by the 45th day from closing of the previously qualified property. I HAD LESS THAN A WEEK TO DECLARE PROPERTIES TO THE IRS on behalf of my client.

Long story short...in consult with his accountant, we declared seven properties, he optioned on two, proceeded on one and is thrilled with the ROI three years later.

As much as I love my client, I'd rather not go through that again...but, if you're in a 1031 bind, give me a call. I get it done with fabulous results. I work very well with out of state clients, references gladly given upon request, and legal and accounting teams. My goal is to achieve my clients real estate goal. Talk to me. We'll make it happen.

A 1031 exchange, otherwise known as a tax deferred exchange is a simple strategy and method for selling one property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame. The logistics and process of selling a property and then buying another property are practically identical to any standardized sale and buying situation, a "1031 exchange" is unique because the entire transaction is treated as an exchange and not just as a simple sale. It is this difference between "exchanging" and not simply buying and selling which, in the end, allows the taxpayer(s) to qualify for a deferred gain treatment. So to say it in simple terms, sales are taxable with the IRS and 1031 exchanges are not. US CODE: Title 26, §1031. Exchange of Property Held for Productive Use or Investment

**Elizabeth Snide is not an accountant and advises all customers and clients to consult his/her/their attorney and tax professional as to the possibility of a personal qualification for a 1031 exchange.