1031 Reverse Aircraft Exchange Cessna 501 for Cessna 525


“What impressed me was that what he said is exactly the way the reverse exchange happened. He was spot on. It is a rarity today to find someone so competent, available, thorough and responsive let alone trustworthy. If he didn’t know the answer, it was not long before he researched the question and got back. I could not be happier with Andy. No complaint here, he was professional, timely and enjoyable to work with. I am sincerely appreciative of how Andy responded and acted on my behalf.”

Atlas 1031 Exchange came highly recommended by AIC Title Services in Oklahoma City, Oklahoma to provide qualified intermediary services for a reverse 1031 aircraft exchange. Meurice had several reservations given he had never initiated a reverse 1031 exchange and understood enough to error on the side of caution. After vetting several qualified intermediaries, he was assured that Atlas 1031 would go the extra mile and that was the case. “Andy earned every bit of his fee” working along with his attorney, CPA and aircraft brokers to prepare and execute the exchange documents.

The reverse 1031 exchange started with the acquisition of a Cessna Citation 525 while the old Cessna 501 was parked temporarily with the Exchange Accommodator Titleholder. Eagle Air had full use of the 501 to market and maintain, utilizing the full 180 calendar days to complete the 1031 reverse aircraft exchange.

Meurice Lefevre, Sr.
Eagle Air, LLC
Alpharetta, Georgia