The Destin real estate market along the Emerald Coast of the Florida Panhandle has experienced impressive appreciation from early 2000 to a recent peak in 2006. A 1031 tax exchange has been widely used in many real estate transactions as investors sell their investment and vacation home properties to others who also realize the value of Appalachian quartz beaches and emerald green waters.
The Certified Exchange Specialist® on staff has been providing qualified intermediary 1031 like kind exchange services to professional advisor's and their clients since 2003. We serve individual investors, businesses and nonresident aliens and foreign corporations throughout the Southeast. Referrals represent the typical introduction from Attorneys, CPAs, Realtors, lenders and title companies. There are many types of exchanges including forward or delayed, simultaneous, reverse, build to suit and personal property exchanges. Each follows 1031 exchange guidelines, rules and requirements providing 1031 security and transparency. The following are eligible for a 1031 tax deferred exchange:
Atlas 1031 Exchange meticulously manages each exchange, providing 1031 exchange documentation, and holding the exchange funds in safe, secure, non commingle interest bearing accounts requiring either a personal identification number or if in a qualified escrow account, notarized signatures for disbursement. Each account is insured by Federal Deposit Insurance Corporation (FDIC). As needed, multiple banks are used to hold the proceeds.
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