REAL ESTATE & APPRAISALS
1031 TAX FREE EXCHANGES
Let us do all of the work and help you find the right farm for your 1031 tax-free exchange.
IL. Real Estate Broker
IL. Certified General Appraiser
Phone (217) 465-6434
Cell Ph (217) 251-8561
Home (217) 465-4059
1031 Buyer Exchange Program
problem is finding the right piece of property.
We have the solution. Having years of experience working with 1031 exchange buyers we
developed this program specifically for 1031 exchange buyers.
Unlike most buyers, as an exchange buyer has a limited amount of time to located and
negotiate the purchase of the land that they need to meet the terms of the exchange.
Ideally you would like to locate the land several months before your sale and have it under
contract; unfortunately there is often some uncertainty with a close date and most farmland
sellers either don’t fully understand the workings of a 1031 or are not willing to wait.
That makes it very difficulty for the 1031 buyer to located suitable properties, run down
information and drive all around the state viewing properties; all the while continuing to
deal with day-to-day business decisions.
The other big issue is learning about local markets: land prices, land rents, etc.
That’s where we come in, with our Five Step1031 Exchange Buyers Program.
1. We meet with you and determine your needs, desires and goals. (For example, buyer #1
needs to locate 320 acres, prefers unimproved, high quality farmland in a specific area. In
contrast buyer #2, wants a property with buildings).
2. We make a search based on your “Wish List” of all properties available. In doing so, we
also analyze the local area for you. We have current records on land sales in nearly every
3. We present you with the results and let you decide what you want to see. We then set up
appointments (as needed) and take you to view the properties. On these visits we discuss the
pro’s and con’s of each farm and let you decide, WITHOUT typical “salesman” pressure.
(My personal theory is that either you like it or you don’t; no pressure!)
4. Once the “right” farm(s) is located we pull together everything and on your behalf
prepare a written offer, and work through all the negotiations and paperwork until the farm
5. We add service after the sale with assistance locating prospective tenants, lease options