We offer our clients the knowledge and the process to accomplish a tax-deferred exchange that involves the following:

• Trade for like kind property.
• Exchange Income for Income.
• Trade Equal or Up in Equity and Debt.
• Identify replacement property within 45 days from close of escrow of the relinquished property.
• Selection of three or fewer properties when identified; or identification of four or more properties that acquire at least 95% of their total value.
• Acquire replacement property within 180 day from close of escrow of the relinquished property.
• Services of an experienced intermediary.
• Recognition of the fact that all transactions that close with the receipt of cash, notes or mortgage relief are considered "boot" and subject to income tax.
• Thorough knowledge of IRS Rules and Regulations on exchanges.

The Griffin Company has participated in sales, purchases, and 1031 exchanges over the last thirty years. We also can arrange financing the purchase of tax-exchange property, and provide consultation with a qualified CPA tax accountant to assure full compliance with the Internal Revenue Service.