Are you into buying and selling properties? Real estate is definitely a lucrative business and many people often use it for financial security and invest in property assets. But you must understand that you will be having to pay capital gains taxes in such deals. In order to avoid or differ these taxes, you need a 1031 exchange. 1031 exchange is basically a change of investment property for another. But since these exchanges can be quite complicated to understand, you should hire a professional company which can help you. We, at Traditional Abstract, LLC, can be the right choice for you. We are an established and reliable company which has been in this field for more than 30 years. We bring you a wide range of services, right from title insurance, property title search, escrow services, and so on. We deal with both residential and commercial properties. We are known for our sense of professionalism, dedication, and efficiency towards all our customers. So, if you are based in areas such as, Allentown, Bethlehem, PA, Easton, PA Lehigh Valley, or Nazareth, PA, then you can choose us.
Here, we have put together a few smart questions that you might want to ask a company helping you with 1031 exchange. Take a look.
- How much experience do you have?
You should realize that these kinds of deals are critical and involve a huge sum of money. That is why you need experienced and seasoned professionals to handle these transactions. And they should be aware of the several rules and regulations and help you choose the right kind of 1031 exchange according to your investment requirements.
- How much will you charge for such services?
This is definitely one of the most important concerns for you but you also have to make sure that you do not spend a large sum of money for such services. That is why you should ask the company for their charges and see if it is affordable or not. You can ask for quotes from different companies and then compare these rates to choose wisely.
So, after getting these answers, if you are interested in choosing us, contact us now.