Legal 1031 Exchange Services, LLC

In late 2023, I had a client which was purchasing a $2 million commercial investment property and wanted to do a 1031 exchange using the sale of three multi family residential investment properties to fund the purchase. Unfortunately, the purchase of the $2 million property had to happen (ToE) before I could close the three residential properties, the closings for which would be staggered over two or three months after the acquisition. In other words, I had to do a reverse 1031 exchange. While I have been a real estate lawyer for 50 years and had done a number of traditional 1031 exchanges, I had never done a reverse 1031. I didn't know where to begin. However, speaking to counsel at Legal 1031 Exchange Services, LLC resolved my difficulties. While the transaction was ultimately somewha

While I don't usually share publicly my experiences with various professionals, in this case, I felt strongly to do so. Recently, I had the opportunity to engage with Legal1031 Exchange Services (Legal), a firm that assists in the fostering and facilitation of 1031 exchanges. My experience in this area was that of a novice. Not knowing what to expect, Legal did an outstanding job. Beyond my expectations. While there are a number of firms that could have performed the services that Legal provided, the individuals of that firm made the difference for me. They were wonderful. Not only did they accomplish the task at hand in a timely. professional manner but they also made the process so transparent. I found James and his staff extremely professional and knowledgeable, patient with me

Although, I didn't use their services the staff was friendly and answered all my questions. I will be using them in the future.