the exchange was not completed. However the state is charging transfer tax on property held by intermediary when deed was conveyed back to me.
Bummer. Transfer taxes are up to the authority that imposes it. If your transaction was taxable then you will have to pay.
Normally the only transactions that are exempt are those between family members, and sometimes only when due to an inheritance. The conveyancing to the intermediary for a 1031 exchange normally isn’t exempt, nor is the re-conveyancing when it’s returned to you if the exchange falls through.
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Check out Jason Williams, den mother from Making the Band 3 with Danity Kane, and his new reality show with an appearance from Malika. Directed by Jason Williams and Paul Kakert.
Elk Grove California Giant Pumpkin & Harvest Festival, sponsored by the Cosumnes Community Services District, has a new Festival tradition as participants paddle their way across the lake in boats made from giant pumpkins. For more information on this event please visit www.yourcsd.com.
UCBComedy.com presents…
Part 1 of 3
Part 3 of 3 Spoof of Jerry Maguire to promote Friday Power Hour at Keller Williams Greater Columbus Realty! Fridays from 11am until Noon, every Friday.
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Because of the length of the game, only innings 2 through the top of the 7 could be recorded.
The Meriots looking for a property in Punta Cana with the help of Sabine Gruss from Trust Realty on House Hunters International. Part 1