Hi, how much are 1031 closing costs generally? I know culture use 6% of a purchase price to figure out regular closing costs. Can you do duplicate with a 1031?
I'm getting all set to do a transaction, and I wanted amount out all the costs.
Thanks!
Answers: I do them adjectives the time.
A 1031 will cost you anywhere between 500 and 750.
We use this company:
https://www.1031cpas.com/
The costs are somewhat negotiable, specifically if the parties are up to date and trustworthy. The biggest expense will be for the qualified third party intermediary. I completed one 3 years ago for < 1% of the cost of the property given, < .001% of the convenience of the property received. That included attorney fees for deed prep and demo.
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I'm getting all set to do a transaction, and I wanted amount out all the costs.
Thanks!
Answers: I do them adjectives the time.
A 1031 will cost you anywhere between 500 and 750.
We use this company:
https://www.1031cpas.com/
In physical estate what is a CMA?? Thank you?
The costs are somewhat negotiable, specifically if the parties are up to date and trustworthy. The biggest expense will be for the qualified third party intermediary. I completed one 3 years ago for < 1% of the cost of the property given, < .001% of the convenience of the property received. That included attorney fees for deed prep and demo.
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