Continued... "what is a 1031"
example a business aircraft for a business aircraft (a fixed wing airplane for a helicopter will work), or a commercial truck
for a commercial truck, etc.
also required that the "Exchanger" use a safe harbor to hold the proceeds while the exchange was in progress, and spelled
out what those safe harbors were.
practical safe harbor for most "Exchangers" is a "Qualified Intermediary."
Exchangers, Inc., is a qualified intermediary, and is set up to assist you in making a smooth and easy exchange.
also required certain time limits and other requirements, all of which are described in our free Procedure
Manual, which you can download from this site.
have questions after reading it, please contact Ginger Hopp