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INVESTOR'S EXCHANGE, LLC Lauren B. Cohen is a qualified intermediary for Investors Exchange, enabling investment real estate tax-free exchanges under section 1031 of the IRS Code (Starker Exchanges). Contact Ms. Cohen to find out how you can benefit from an Exchange.
1. The Exchangor enters into a Contract To Sell with anyone who wants to Buy. 2. The Exchangor enters into an Exchange Agreement With a Qualified Intermediary (Investor's Exchange). 3. The Contract For Sale between the Exchangor and the Buyer is assigned to the Qualified Intermediary. 4. The Closing takes place, the Exchangor deeds the property directly to the Buyer, and the sale proceeds are deposited with the Qualified Intermediary. 5. Within 45 days after closing, the Exchangor identifies possible replacement property to the Qualified Intermediary. 6. The Exchangor enters Into a Contract To Purchase whatever property is desired from the Seller of that property. 7. The Contract For Sale between the Exchangor and the Seller is assigned to the Qualified Intermediary. 8. The Closing takes place within 180 days of the first closing, the Seller deeds directly to the Exchangor, and the monies held by the Qualified Intermediary are used to make their purchase. 9. The Exchange has been completed and no tax is owed. What really occurred is a Sale and subsequent Purchase that were made Interdependent through use of the Exchange technique and use of a Qualified Intermediary. Contact Lauren B. Cohen to discuss a qualified exchange for your property. |
