Article Date:
February 2006


Word Count:
83

 

 

1031 Exchange


I am a licensed real estate broker and plan to sell my existing rental property without taking a commission so I can do a 1031 exchange. Will this be okay? (M.J.A., Fayetteville, NC)

 

No! You need to reshape your tactics. Your commission is not the issue.

 

Before listing this rental for sale, engage a real estate exchange intermediary. The 1031 exchange treatment you want on this rental requires an intermediary. You can find intermediaries in the Yellow ... Log in to view full article.

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