Michigan Bankers Title of Mid Michigan has partnered with SHRR Exchange Company who will serve as a Qualified Intermediary for 1031 like kind exchanges.

A like kind exchange allows investors to buy and sell business or investment property while deferring tax liability. These transactions offer investors and business people a reliable strategy to protect and grow their real estate and other capital asset holdings. A successful 1031 Exchange allows the investor to reinvest 100% of the equity from the sale of their "relinquished" property into the purchase of a properly identified "replacement" property, without recognizing any gain.

We are confident that SHRR Exchange Company has the knowledge and expertise necessary to handle all forms of Exchanges. They are well-equipped to manage even the most sophisticated and complicated transactions.  Services include "build to suit" and "reverse" Exchanges, which involve the acquisition of the relinquished property and "parking" of the same, with title being held in an Exchange Accommodator until the replacement property sale closes.

If you are interested in, or are already participating in a 1031 Exchange transaction, please indicate this when ordering your title insurance and the Agency will contact you to discuss this in further detail.  To order title insurance through our company, click here.

If you would like additional information regarding 1031 Exchanges, please feel free to contact us!

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