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This business is not BBB accredited.Additional Locations
Phone: (808) 327-1031 View Additional Phone Numbers 76-6246 Aui Drive #252, Kailua Kona, HI 96740
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This company offers facilitator services for 1031 tax deferred exchanges.
This business is not BBB accredited.
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Reason for Rating
BBB rating is based on 13 factors. Get the details about the factors considered.
Factors that affect the rating for Exchange Facilitators, Inc. include:
- Length of time business has been operating
- No complaints filed with BBB
Customer Complaints Summary
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Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
These agencies may include:
State of Hawaii Department of Taxation
PO Box 1425, Honolulu HI 96806
Phone Number: (808) 587-4242
The number is W20428448-01.
Type of Entity
Business ManagementMr. James C. Clay, President Ms. Anne Johnson, Treasurer Ms. Debbyanh Schoenlein, Vice President
Real Estate Business Services - General
The following information can be found at Internal Revenue Service www.irs.gov
Like Kind Exchanges - Real Estate Tax Tips
Generally, if you exchange business or investment property solely for business or investment property, of like-kind, no gain or loss is recognized under Internal Revenue Code Section 1021. If, as part of the exchange, you also receive other (not like-kind) property or money gain is recognized to the extent of the other property and money received, but a loss is not recognized.
Section 1031 does not apply to exchanges of inventory, stocks, bonds, notes, other securities or evidence of indebtedness, or certain other assets.
Ref: Publication 544, Sales and Other Dispositions of Assets