Blethen, Gage and Krause, PLLP is pleased to announce that we now offer expanded real estate title services.
Blethen Title Services is an extension of our real estate practice, offering closing services for any real estate transaction, large or small. In addition, we have established Blethen Exchange, LLC, which allows us to offer tax-free exchange services qualifying under §1031 of the Internal Revenue Code.
Blethen Title Services
As part of our 120 year history, we have routinely processed commercial real estate and large residential transactions. We assist a wide variety of clients including buyers, sellers, lenders, real estate agents, construction professionals, developers and investors.
In addition to using real estate software to efficiently and accurately process closings and leveraging the vast knowledge and experience of our staff, we deliver unparalleled service to our clients.
Blethen Exchange, LLC
Under Section 1031 of the Internal Revenue Code, a taxpayer may defer recognition of capital gain and Federal income tax liability by completing an exchange of qualified property. By reinvesting in a replacement property, taxpayers can defer the payment of income taxes on their investment that would otherwise be immediately lost to income taxation.
Blethen Exchange, LLC serves as a Qualified Intermediary and holds the proceeds from the sale of quailed property until replaced with like-kind property. We make sure that all rules pertaining to the exchange are followed and coordinate all aspects of the process. For more information regarding these services, please contact us at 507-345-1166 or send an email to kliterovich@blethenlaw.com or pshneider@blethenlaw.com.
