1031 Real Estate Exchange Specialist, based in Durango, Colorado, is a leading firm dedicated to facilitating 1031 exchanges, a vital strategy for real estate investors looking to defer capital gains taxes. Founded by Tim Cooney, the company boasts over 30 years of experience and has established itself as a trusted partner for investors nationwide.
Comprehensive Exchange Services
The company offers a variety of exchange types to meet the diverse needs of its clients:
- Forward Exchange: This is the most common type, where the sale of one property is followed by the purchase of another. This straightforward process allows investors to defer taxes while reinvesting in new properties.
- Reverse Exchange: In this type, an investor purchases a replacement property before selling the existing one. This option provides flexibility, especially in competitive markets where securing a new property first is advantageous.
- Construction Exchange: This service allows investors to use exchange funds for building or significantly improving a replacement property. It’s ideal for those looking to customize their investments or increase the value of their acquisitions.
- Reverse-Construction Exchange: Combining elements of reverse and construction exchanges, this option enables the purchase and improvement of a new property before the sale of the original one.
Expertise and Personalized Service
Tim Cooney, with a background in real estate and accounting, leads the company with a wealth of knowledge and experience. His co-founder, Gina Warner, brings extensive expertise in the exchange business, ensuring that clients receive top-notch service and guidance. Together, they provide personalized support, helping clients navigate the complexities of 1031 exchanges with confidence.
National Reach and Compliance
1031 Real Estate Exchange Specialist operates nationwide, performing exchanges in all 50 states and U.S. territories. Their commitment to compliance and attention to detail ensures that every transaction adheres to IRS regulations, minimizing risks and maximizing benefits for investors.
Why Choose 1031 Real Estate Exchange Specialist?
Choosing 1031 Real Estate Exchange Specialist means partnering with a firm that prioritizes client success and offers a comprehensive range of services tailored to individual needs. Whether you are a seasoned investor or new to 1031 exchanges, their team is equipped to provide the expertise and support necessary for a smooth and successful transaction.
For more information on how 1031 Real Estate Exchange Specialist can help you achieve your investment goals, visit 1031 Real Estate Exchange Specialist.
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