David Moore of Equity Advantage, nationally recognized leader in 1031 Exchange facilitation, answers whether 1031 exchange options are only for large-scale investors. Moore explains the various exchange options, which many owners aren’t aware exist, which can benefit an investment portfolio and keep your money safe.
1031’s have been around since the ’20s. It’s one of the tools that is for everyday person. I mean, you don’t have to have a lot of money in exchanges. It’s very inexpensive. When we started Equity Advantage in 1991, we charged $1,000 to set it up and $500 for each addition relinquished or replacement property in a simple delayed exchange. – David Moore, Equity Advantage
If you’re thinking of selling your property, work with a broker who understands 1031 exchanges. Call René Nelson at 541-912-6583.