Closing Costs are expenses that buyers and sellers normally incur, over and above the price of the single family rental investment property or other property type, to complete a Real Estate transaction is considered Closing Costs. Potential costs incurred include: discount points, taxes, loan origination fees, title searches, appraisal fees, title insurance, surveys,deed-recording fees and/or other charges.
If after learning a bit more about Closing Costs you are curious to see how your current Investment Portfolio would benefit from performing a 1031, then I recommend signing up to receive a FREE 1031 Sizing from Conatus.
This sizing gives you info about the value of replacement properties you need to purchase and the amount of related debt on this purchase to fully defer your capital gains associated tax liability.
As an added benefit you will receive a comparison of your current income vs potential replacement property income that includes an assessment of income tax benefit between the
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