A 1031 tax-deferred exchange (also know as a "tax-free exchange") is
where a seller sells property then places the proceeds with an
exchange accommodator. The seller then selects another like-kind
property and purchases it with funds from his exchange account. This
is the 1031 tax-deferred exchange process.
I have a dynamic and valuable piece of property and business in
Arizona. It is 62,000 sq. ft of real estate on which is located a
high-end restaurant. I want to market this property by utilizing a
1031 tax-deferred exchange for 2.1 million dollars from an exchange
accommodator. There is a great deal of activity in 1031 exchanges in
this area, primarily sourced from California.
What I am trying to find is 3-4 California based exchange services
(accommodators) that are market leaders having proven records and
clients that can afford a real estate deal of this magnitude.
I would like 1 Company from the San Diego area, 2 companies in the Los
Angeles or greater Los Angeles area and 1 from the San Francisco area.
I need company name, contact name of their best exchange producer,
Company address and telephone number. I also need to know if they
accept outside solicitations from potential sellers, but most
importantly, I need some research data showing their capabilities,
performance, history and the reasons why one particular company has
been selected over others.
Secondly, I need the name, address and fax/ phone numbers of any
publications or media that exclusively advertise properties for
exchange utilizing the 1031 tax-deferred exchange method. The
publication or media can be localized by state, region or nationwide.
There is the potential for a substantial tip, depending on the type of
information found. |
