1031 Real Estate Exchange Specialists

Tim Cooney and John Lund run 1031 Real Estate Exchange Specialists in Durango, guiding investors through like-kind exchanges that defer capital gains taxes. Their service handles both forward and reverse exchanges, with forward exchanges priced at $1,150. Investors sell a relinquished property and reinvest the proceeds into a new one within the required 180-day window, ensuring the properties involved are used for business or investment purposes, such as rental homes or commercial buildings. The firm provides free consultations and educational resources, including an e-book authored by Cooney and Lund that details exchange nuances and success stories. Clients rely on the team for responsive communication and timely paperwork processing, which is critical for meeting closing deadlines on short notice. The business operates with licensed and insured credentials, offering a free consultation to help clients navigate the complexities of tax-deferred exchange solutions.