Destin Title Exchange Company, LLC was established in 2004 by Richard McNeese, to assist investors with their 1031 exchange needs. In 2022, we joined The Federation of Exchange Accommodators (FEA).
Section 1031 of the Internal Revenue Code is one of the last available tax shelters for investors. It allows investors to defer paying capital gain taxes when an investment or business use property is exchanged for a “like kind” property. Among other things, the exchange must be completed within a 180 day timeframe and you must have a Qualified Intermediary (QI) engaged to avoid “constructive receipt” of the sale proceeds.
Currently, Destin Title Exchange Company, LLC, offers the following 1031 exchange services:
Standard Deferred Exchange
Reverse Exchange
Construction/Improvement Exchange
Please contact our Intermediary Agent, Lydia Pelegrina, for more information or with any questions.
RICHARD S. MCNEESE
President, Attorney
LYDIA PELEGRINA
Manager, Intermediary Agent
