1031 Exchange Fees, Costs and Charges

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 16, 2009 -- 1031 Exchange Fees, Costs and Charges

Evaluation of the 1031 exchange transaction fees and costs charges by Accommodators is a complex and intriguing subject. This article will help us to understand some of the intricacies of the 1031 exchange fees and costs and other charges. The article
- presents facts from the industry standards
- point out the adequate and practical fee limits
- analyzes various fee schedules for better comparisons across the industry

A point to ponder is that fees structure consists of various other factors like how much risk is taken on by Qualified Intermediary for fair compensation apart from the work performed by them.

Following factors should be considered while analyzing and comparing the charges of various Qualified Intermediaries (Accommodators).

Administrative Charges
Property charges
Income from Interest paid by QI
Income from Interest not shared by QI and
Various other service and transaction commissions

Administrative fees and property Fees

Institutional Qualified Intermediaries (Accommodators) typically charge 30- 40% more administrative fee (which includes setup fees as well) than Non-institutional Qualified Intermediaries. The former charges somewhere between 700$-800$ in comparison to the latter's 400$-600$. This fee can be structured in two parts one for to be sold property ("surrender property") and one for buying property ("stand-in property"). In addition to this a sum of around $200.00 - $300.00 property fee for each additional property processed in the tax-deferred exchange.
It is advised that all other charges and fees must be considered before making a choice on accommodators.

Author Bio:

Written by Andrew Stephens, CEO and Founder of AJS Promotional Media, a Web Development Firm in Cincinnati, Ohio.

For more information see, http://www.bristol1031.com

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