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William L. Exeter
Real Estate Discusssion Forums
There’s more than one way to 1031 exchange investment property. This forum explores the various 1031 exchange structures and strategies available to real estate investors.
Acquire and hold title to your real or personal property in a California Title Holding Trust. The California Title Holding Trust provides a method for confidentially holding or owning real or personal property.
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The ins and outs of 1031 tenant-in-common investment properties, hosted by one of our 1031 TIC investment experts.
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Fred - I, unfortunately, was with LES 1031 when it went down. I have attached the website where all can go to file a Proof of Claim. The address where the claim should be sent is on the front page, and to get to the document for Proof of Claim, click on the Documents button at the top of the screen. http://chapter11.epiqsystems.com/clientdefault.aspx...
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[quote user="woody"] My understanding, Bill, is Exeter can maybe help these creditor/claimants out with what amounts to a "substitute" 1031 exchange, no? Ask me why--I have money tied up with LandAm 1031 also. I also have access to the Bankruptcy Court's docket there. The two Land Am cases have been "consolidated" to...
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Hi Mike, The action was filed by LubeExpress, so I doubt it would apply to any other clients or provide relief to any other client. I would retain a creditor's rights attorney to ensure that your interests (and 1031 exchange funds) are protected and preserved as best as possible.
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Woody or Bill, We have a segregated account. Do you know if the ruling in the lawsuit filed by LubeExpress would apply to all customers with segregated accounts? Also, if you are one of the 50 who have segregated accounts, please contact me so we can join efforts in filing a lawsuit. My email is mkallner@reddevelopment.com Mike
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Hello Bill, If you are one of these people that was with Land America 1031 exchange, what can you do and where do you go to get help? Can you can give me any direction. What is the smart thing to do. Thank you for your time, Retired, Fred