The 1031 Exchange Experts
TEE-shots
courses
Jump-start classes
TEE-Shots
testimonials
1031bookstore
TEE-Shots Archive
- keyword search -
Nationwide,
Toll-Free:
866-694-0204
Click2Talk to a 1031 consultant now!
 
11
I just got a bill from my attorney for his work on the sale of my old property. Can the intermediary pay that from the proceeds they are holding?

Yes -- the intermediary can disburse proceeds they hold to pay bills on the old property that arise subsequent to closing of the sale. Your attorney's bill is one example. Another example might be repair costs that are agreed to at closing, although the amount of the costs are unknown at that time.

--The Experts

1031   1031
 

I greatly appreciate your timeliness

I had referred a client to you last week and I received your voicemail letting me know that everything went smoothly on getting him set up for you to facilitate the 1031 process. I greatly appreciate your timeliness in getting this done.

Marcus Muirehad
Investment Associate
Marcus & Millichap
Phoenix, AZ
 
1031   1031

TEE-Shots are Tips from the Exchange Experts that are designed to make you think about, and ask questions about, the 1031 exchange process.