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1031 Exchanges

We have over 25 years’ experience in sales involving 1031 exchanges, including one transaction which was a reverse exchange. We have strong relationships with several facilitators and fiduciaries that provide expertise and fiduciary services to successfully consummate transactions that are compliant with IRS regulations.

An example of one, more notable transaction is the sale of a 143 acre farm which was surrounded by development. We located a buyer and negotiated a sales agreement for the 143 acres which provided for an exchange while concurrently searching for a replacement or exchange property. Our property search, which covered 5 counties, resulted in finding an exchange property of 950 acres. We negotiated an agreement for the 950 acre exchange property which dove tailed into the sale of the original 143 acre sale; the property owner had none of his own money at risk and the settlement for the purchase took place within 7 days of the settlement for the original 143 acre tract.

 

perry@perrylong.net | 610-298-3025 | 800-569-5167 | Fax .610-298-2390
 Mailing Address: 103 Mush Daul Road New Ringgold, PA 17960