1031 Exchange – Constructive Receipt

 In 1031, Commercial

At the link is another of Steve Rosansky’s insightful articles and this time on Constructive Receipt. 

Many of us commercial folks who have been in the business for a time have had 1031s go wrong or almost go wrong.  I had it happen during the height of the financial crisis with the lender bank backing out on the 178th day, two days before closing because the FDIC was in there.   A few of you have had similar stories so I’ll continue to post and link Steve Rosansky’s articles on some of the more esoteric aspects of exchanges.

Steve Rosansky – Constructive Receipt

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