Eric:

All of your questions can be answered by going to the Iowa Exchange 
Corporation website:  www.iowaexchange.com.

Good luck,

DJ Smith
KING, SMITH & BORESI
Cedar Rapids, IA 52404

----- Original Message ----- 
From: "Eric Bidwell" <ebidwell@marshallnet.com>
To: "'Craig Hastings'" <craig.hastings@amesattorneys.com>; "'MARK HANSON'" 
<hanson@whitfieldlaw.com>
Cc: <realestate@iabar.org>
Sent: Tuesday, January 16, 2007 5:25 PM
Subject: X-IMail-SPAM-SPF-Fail 1031 tax free exchange


> Ladies and Gentlemen:
>
> I have a client that has owned a farm (just 100 acres of bare farmland) 
> for
> 10 months and wants to trade it right now.
>
> Question is this - Is there any mandatory period of time that property 
> must
> be owned PRIOR to a trade before it can be traded?
>
> I was thinking that one has to own the property for one year (12 months)
> before you can trade it - but I can not find any such restriction. From 
> what
> I have found in my research the property can be traded right now.
>
> Thanks in advance.
>
> Eric R. Bidwell
> Attorney at Law
> Boliver Law Firm
> 2414 S. 2nd St.                           717 Fifth Avenue
> Marshalltown, Iowa  50158           Grinnell, Iowa  50112
> (641) 752-7757                            (641) 236-4630
> (641) 752-6597 (fax)                      (641) 236-3610 (fax)
>  Affilated with Dale
> Lamb

     
  

_____________________________
To unsubscribe from this list, send a mail message to "mailto:listserve@iowabar.org" 
with the following in the subject and body of the message:

unsubscribe realestate