1031 Exchange Colorado Springs. All exchangers want to have their closing costs paid with 1031 proceeds without creating a taxable event. John debrito from colorado springs wolf ranch explains 1031.
Revenue ruling 72 456 specifies for example that if exchange funds are used to pay a. Also serving douglas and denver counties. Corcapa assists in 1031 exchanges in colorado springs colorado and throughout the country.
Some closing costs paid by exchange proceeds are allowable by the i r s while others are taxable.
By law all. Revenue ruling 72 456 specifies for example that if exchange funds are used to pay a. Investor exchange services inc is a full service qualified intermediary that has assisted thousands of taxpayers realize the benefits of tax deferral afforded by section 1031 of the internal revenue code. We have worked with several of them and would be happy to help you as well.
