Missing My 1031 Exchange Deadline?

It was so sad when my 1031 Exchange clients at Old Republic missed their deadlines and had to pay their capital gains.  The 45 days to identify and 180 days to purchase put many clients under tremendous pressure.  The stress of that possibility kept many from venturing into the process of deferring capital gains.

However, there are alternatives that can help eliminate that stress.  Tools like the Deferred Sales Trust can be used in conjunction with the 1031 exchange to essentially extend those time constraints.  It is possible for some clients to transfer into a Deferred Sales Trust and then into another investment property later.

If you are considering a 1031 Exchange, I would be happy to meet with you to discuss the opportunities on how I can help sell your home and defer the capital gains with less stress.

Endorsement:

“David O’Neil is an excellent realtor yet even more than this a wonderful human being. David’s combination of professional excellence, integrity and communication with his heart and genuine caring for his clients makes him a realtor and professional you can trust. I highly recommend David O’Neil.”  Patricia Campanile