TOP TEN SECRETS OF 1031 EXCHANGES The first secret is using a Qualified Intermediary or QI to perform 1031 Exchange Professional services, escrow and paperwork doesn’t cost much – about $1000 – $2000 per “round trip” i.e. 1 RQ (relinquished property) and 1 RP (replacement property) – where the property being relinquished is RQ and…
Month: June 2019
What is a Zero Cash Flow (“Zero”) property?
A Zero Cash Flow property (Zero) is real estate property where the net operating income matches the debt service expense on its mortgage loan and, the transaction falls under IRS code 467. Example If the investor is not concerned with current income, but with a free and clear property beyond 2 decades, then the zero…