The IRS prohibits the property
owner from taking possession of the proceeds from the sale
of property during a 1031 Like-Kind Exchange. A Qualified
Intermediary, such as Curchin 1031 Exchange LLC, acts as a
fiduciary to hold the sales proceeds during the exchange period
and provides guidance to help the property owners comply with
rather complex IRS rules.
While there are many financial and tax benefits of a Section
1031 Like-Kind Exchange, the property owner must not overlook
or omit any steps in the process. IRS Code Section 1031
and the Regulations contain many rules with strict and non-extendible
deadlines. You can trust Curchin 1031 Exchange, LLC to
navigate your transaction.
- With over ten years of experience, we have successfully
managed hundreds of Section 1031 Like-Kind Exchange transactions
throughout the US.
- Our clients’ funds are invested in fully insured
interest bearing accounts.
- Our parent company, The Curchin Group, LLC, is a certified
public accounting firm with an impressive 50 year history.
- We carry insurance to protect our clients.
We are available at our Red Bank, NJ office to meet personally
with clients considering 1031 exchanges. We are also available
by phone with several full time staff members well versed in
the complications of Section 1031. |
