“Andy was fantastic from the start. There were a number of obstacles that we had to overcome, and with his experience, he was always there to suggest legal alternatives that helped us work through banks and lawyers that were sometimes afraid to participate due to their unwillingness to work with foreign tax issues. I would not hesitate to work with Andy again.”
“The 1031 exchange was a win-win. The value of the service was excellent from the initial contact to the final exchange interview. Andy knows what he is doing and has my full confidence to handle our client’s 1031 exchange requirements. He stays current on 1031 tax law changes. Marian McBryde, the Closing Manager at the Dowd Law Firm for this transaction also remarked how easy it is to work with Andy and refers him to their clients. Andy is the go to guy for 1031 exchanges.”
At the completion of each 1031 exchange, a summary file is forwarded to the Exchangor and designated CPA if requested. The intent is to provide executed 1031 exchange documents including settlement statements and property identification letter to assist with the completion of Internal Revenue Service Form 8824 used to itemize the 1031 exchange details. It […]
Michael submitted a question through the Ask The 1031 Expert feature on the Atlas 1031 web site. The question centered upon whether the sale of rental property owned in Australia could defer capital gains in a 1031 exchange by purchasing replacement property in the United States. The Omnibus Budget Reconciliation Act of 1989 added subsection […]
A title company I have known and facilitated 1031 exchanges for over the years in the Florida Panhandle called to introduce one of their clients. Karen’s 1031 forward exchange was a bit unique in that she is a resident of New Zealand requiring additional Internal Revenue Service filings. The forward 1031 exchange accommodated a vacation rental […]
An Indiana farmer was looking to initiate a forward 1031 exchange, selling farmland for a vacation rental property in the Florida Panhandle. His Realtor in Florida referred him to Atlas 1031 Exchange. The Realtor called to let me know her contact that he works long hours. Born and raised around farms in Indiana, I knew […]