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QUALIFIED EXCHANGE ACCOMMODATION AGREEMENT Sec  Form

QUALIFIED EXCHANGE ACCOMMODATION AGREEMENT Sec Form

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frequently asked questions can a last-minute exchange be set up can a taxpayer at the very last minute convert an otherwise taxable sale into a 1031 tax deferred exchange and the simple answer is yes as long as the burdens of benefits of ownership have not transferred from the seller to the buyer a 1031 exchange could be set up at the very last minute so there's some things that need to be done to accomplish this number one immediately stop the closing number to contact asset preservation right away and explain you have a transaction that's closing right now and you need to have 1031 exchange documents prepared and forwarded right away to that closing once we prepare the 1031 exchange documents and then forward them on to the closing officer or the escrow officer a closing attorney the seller the tax payer performing the exchange and the buyer can sign the appropriate 1031 exchange documents and convert that from a taxable sale into a 1031 tax deferred exchange now to set up an exchang

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