1031 Exchange Manhattan
Manhattan offers an active 1031 exchange market for real property held for use in a business or investment. There are several strategic reasons for choosing a 1031 exchange Manhattan. One of the reasons is that Manhattan bounded by the Hudson, East, and Harlem rivers. Investment property and vacation rentals are common along the Manhattan coastline and are the chief source of 1031 exchanges.
Typically 1031 exchange Manhattan is a Delayed (Forward) exchange for either a single-family residential or a vacation rental condominium, with nearly a third reverse or improvement exchanges. Referrals are received from lenders, clients, CPAs, attorneys, Realtors, title companies, and other Qualified Intermediaries. Most 1031 exchanges in Manhattan are accommodated for married couples, individuals, and trusts, with an average price.