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How to do a 1031 exchange?
Hello BP!
Starting the process to do a 1031 exchange. Selling in NC and buying in FL.
What are the starting steps? And how to find the right people to hire?
Thanks!
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Natalie Kolodij
Tax & Financial Services
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Second Vote for @Dave Foster
Step 1: Calcualte your correct gain with your Tax pro
Step 2: Talk to Dave Foster
Step 3: Get with an excellent agent where you're buying and selling
Step 4: Start the 1031 exchagne with Dave
Step 5: List your property
Step 6: Identify 3 potential replacement properties within 45 days of sale
Step 7: Close on 1 or more within 180 days rolling over the full amount of gain
Kolodij Tax & Consulting


