Question of the Month: What Are the Rules for Identifying Replacement Property?
In a 1031 Exchange, you have to provide an “unambiguous description” of the potential replacement property. Here are the rules for properties you can choose....
Phone: 1-800-735-1031
Local Phone: 503-635-1031
Email: info@1031Exchange.com
Phone: 800-475-1031
Local Phone: 503-619-0223
Email: info@iraadvantage.net
Phone: 800-735-1031
Email: info@post1031.com
"WASHINGTON STATE LAW, RCW 19.310.040, REQUIRES AN Exchange FACILITATOR TO EITHER MAINTAIN A FIDELITY BOND IN AN AMOUNT OF NOT LESS THAN ONE MILLION DOLLARS THAT PROTECTS CLIENTS AGAINST LOSSES CAUSED BY CRIMINAL ACTS OF THE Exchange FACILITATOR, OR HOLD ALL CLIENT FUNDS IN A QUALIFIED ESCROW ACCOUNT OR QUALIFIED TRUST." RCW 19.310.040(1)(b) (as amended)