1031 Basics: Delayed Exchange Checklist

(Per Asset Preservations, Inc.) 1. Review the entire transaction with tax and/or legal advisors. 2. Enter into an “assignable” contract to sell the relinquished property. Execute contract with the exchanger’s name and/or assigns. 3. Before closing, contact Qualified Intermediary to initiate the exchange transaction. 4. Intermediary will prepare the exchange documents for the relinquished property [...]

SC Statewide Housing Shows Signs of Improvement

Falling supply and rising demand suggest the state’s housing market is on the mend, according to an annual report by the South Carolina Realtors. “Key leading indicators are setting the stage for better times ahead and we are encouraged by these emerging patterns,” the association said in the report. “There is a sense of momentum [...]

SC Statewide Housing Shows Signs of Improvement

Per ‘GSA Business Daily’ and the ‘Columbia Regional Business Report’, as published on 1/26/12 Falling supply and rising demand suggest the state’s housing market is on the mend, according to an annual report by the South Carolina Realtors.                                                                      “Key leading indicators are setting the stage for better times ahead and we are encouraged by [...]