All Forum Posts by: Arielle Deane

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Arielle Deane has started 1 posts and replied 4 times.

Thank you all so much! This forum has been amazing. @Dylan Johnson you were super helpful and I am very appreciative of the time and guidance!

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Quote from @Dylan Johnson:

Hi Arielle, you definitely still have enough time to get a 1031 exchange setup! We normally ask for 48 hour notice minimum before a rush fee is charged. Even in that case we can get one turned around in 24 hours depending on the complexities.

If you are only doing a partial exchange, I wouldn't mind going over the numbers together to make sure it does make sense for you. With that being said, more than likely will still hold some deferral benefit.

This is very helpful. Yes it would be helpful to walk through. I will DM you. Thanks!

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Thank you! This helps.

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Hi 👋🏽 I’m closing on my property in 4days but I just realized that it may make sense for me to consider a 1031 Exchange. I’m expecting a net proceeds of about $200k. I do not want to reinvest all the money in a property as I need some of the cash to pay down other debt. Do I still have time to start an exchange with a qualified intermediary or am I better off just paying the taxes? Appreciate any help or suggestions.

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