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Initiating your 1031 Exchange
- Sign Listing Agreement to sell relinquished property.
- Sign Agreement of Sale with Buyer.
- Retain 1031 CORP. as yourQualified Intermediary (QI).
- 1031 CORP. prepares documents and provides closing/escrow officer with instructions.
- Closing takes place and proceeds are forwarded to 1031 CORP. and placed into exchange deposit account.
- The 45-Day Identification Period and 180-Exchange Period begin.
- Identify replacement properties to 1031 CORP.
- Sign Agreement of Sale for new property and use exchange proceeds for deposit.
- QI provides closing/escrow officer with instructions and transfers exchange funds.
- Replacement property is acquired and exchange completed.
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2011 Exchange Reporting Guide
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1031 CORP. News
1031 CORP.
WORKING WITH
R.E.I. CONSULTANTS, LTD.
Expands Market Share in Mid-Atlantic Region
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