ADVANTAGE TV brings you our latest series: Tina’s 1031 Exchange Tips!
In any Exchange… the biggest headache is always time. Tune into our latest blogcast update with Tina Colson to get our biggest time saving tips and how to take advantage of them in your Exchange.
Read the Full Transcript
Tina Colson: Hi, thank you to WCR for bringing me in for today’s Tuesday tip. I am Tina Colson with Equity Advantage and IRA Advantage, and today’s tip is going to be on the 1031 Exchange.
In any Exchange, time is one of our biggest factors, you’ve got 45 days from the time you close on your relinquished property to finding the new property you want to purchase. In today’s crazy real estate market, we suggest being prepared for the purchase even prior to selling your relinquished property, so go ahead, make an offer, put down earnest money and truly secure the property you want to buy. Depending on whether you close on your new property first or on your old property, we will have the Exchange that’s going to fit your needs.
Tina Colson: Again, plan and prepare. It’s always best when doing a 1031 Exchange. For more information, please check out our website at 1031Exchange.com or our YouTube channel. Also, if you just want to call for a consultation, we’re happy to talk it through, 503-635-1031.
Tina Colson: Until next time, again I’m Tina Colson with Equity Advantage, your national 1031 Exchange company since 1991. And thank you to WCR as we’re a proud member. Have a great day.
The Guys With All The Answers…
David and Thomas Moore, the co-founders of Equity Advantage & IRA Advantage
Whether working through a 1031 Exchange with Equity Advantage, acquiring real estate with an IRA through IRA Advantage or listing investment property through our Post 1031 property listing site, we are here to help Investors get where they want to be. Call them today! 503-635-1031.
"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)
David and Thomas Moore, the co-founders of Equity Advantage & IRA Advantage
