Escrow means any agreement between two or more parties wherein the delivery of instruments, monies, items of value, or evidence of title to real or personal property is placed with a neutral third party. This agreement contains specific written instructions executed by all parties to the transaction.
The 1031 Exchange is quite possibly the most powerful investment tool available to property owners. By selling appreciated business or investment property outright you could pay from 15% to 50% in tax on the sale. A 1031 Exchange allows you to defer the tax and increase your purchasing power by keeping your equity intact.
At Flying S our philosophy is simple. Since our beginning in 1905, we have been land title protectors by ensuring YOU have clear ownership rights to your home and your land.