I have a hotel for sale in Alabama at exit 351 off I-65, is there anyone who wants to do 1031 exchange?

95 rm Days Inn, excellent location, halfway between Nashville TN and Birmingham, AL on I-65.
In Selling Property - Asked by prakash d. - Mar 10, 2015
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Answer(s)

mario s.
Owner/Investor
Austin, TX

how will that work?

Mar 12, 2015
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Sam P.
Redlands, CA

A 1031 exchange is a complex and paperwork intensive transaction. You must go through an intermediary and if you don't do the transaction and the paperwork correctly, you can lose the tax advantages of a 1031 exchange. Consult with a tax adviser and use a reputable qualified intermediary for your 1031 exchange and always transfer property through an escrow agent or an attorney.

May 11, 2015
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