“I didn’t understand how the 1031 exchange process worked and was really concerned with trusting a company found on the internet. After talking with Andy, I felt comfortable given his responses and the number of exchanges he has accommodated that he was an experienced Qualified Intermediary.
Andy made it simple and easy. His explanations were simple to understand. How he explained it, is exactly how it happened. The best part about the 1031, is he guided me through each step. I didn’t use all my exchange funds for the replacement and they were returned just as he said they would be.
Andy was completely accessible and answered every question I asked without hesitation. He knows what he is doing and I will use him next time.”
Real estate investors should be familiar with the requirements of the Internal Revenue Code Section 1031 exchange. All too often, taxpayers have mis-interpreted or received bad information that can potentially jeopardize the tax consequence of their real estate investment. A 1031 exchange allows the taxpayer subject to federal and state taxes to defer the federal and state capital gain along with the depreciation recapture taxes when selling and replacing with like-kind property. The deferral represents an indefinite interest free loan that is not due until the replacement property is sold. Imagine an interest free loan that can represent up to forty percent of the sales price.
A change to the 1031 exchange is proposed in the 
“Does a 1031 exchange make sense?”