Detailed Exchange Information
• Aircraft
• Improvement
• Personal Property
• Real Property
• Reverse
• Cooperation Language & Forms
• Real Property Exchanges
• Personal Property Exchanges
• General Provisions
Schedule of Fees and Costs for
Personal Property Exchanges
Delayed & Simultaneous Forward Exchanges
Fees
A fee of $600 is required to set up the exchange and the first disposition of a relinquished property, in addition to a value-based set-up fee for relinquished property or properties in excess of $300,000 value, according to the following schedule:
|
Property Value (per Sales Price) | Value-Based Fee |
| Under $300,000 | Included in $600.00 Set-Up Fee |
| $300,000 to $999,999 | .10% of Property Value Over $300,000 |
| $1 Million to $4,999,999 | .05% of Property Value Over $300,000 |
| $5 Million and Above | .025% of Property Value Over $300,000 |
In addition, a fee of $300 is required for each additional disposition of relinquished property. A fee of $300 is required for the acquisition of replacement property with a closing or a fee of $150 is required for disbursements of exchange proceeds to acquire replacement personal property without a closing. Interest is paid on exchange proceeds held during personal property exchanges, as described under Real Property Exchanges.
Improvement Exchanges & Reverse/Title Holding Exchanges
National 1031 Exchange Service will quote fees for Improvement and Reverse/Title Holding Exchanges of personal property on an individual transaction basis.
