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1031 Exchange Types

Simultaneous Exchange
To transfer ownership of the relinquished and replacement property at the same time.

Delayed Exchange
Within 180 days after a property is sold, a replacement property is purchased.

Reverse Exchange
The replacement property is purchased before the relinquished property is sold.

Improvement Exchange
When the exchanger wishes to construct a new replacement property or make improvements to a replacement property.

Fees

Delayed/Concurrent Exchanges
Flat rate of $650 which includes the sale of one relinquished property.

First replacement property fee: $50
Additional replacement property fee: $300

Reverse/Improvement Exchanges
Fees for a reverse or improvement exchange starts at $5,000 depending on the complexity and if there is financing involved.

Seller Financing
$350.00 processing fee. In the event the exchanger receives a promissory note and deed of trust from the buyer of the relinquished property as part of the exchange proceeds.
 
 
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Wolterman Law Office LPA

Wolterman Law Office LPA provides legal counsel for clients in Hamilton County, Warren County, Clermont County and Butler County in Southwest Ohio, including communities such as Loveland, Cincinnati, Mason, West Chester, Blue Ash and Milford.
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  WOLTERMAN LAW OFFICE, LPA
434 W Loveland Ave
Loveland, OH 45140


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