Reverse Exchange | Morgan County Abstract Company | Cass County Abstract Company

Midwest Realty Exchange, LLC is a real estate exchange company for reverse like-kind exchanges under Code Section 1031 of the Internal Revenue Code. MRE takes title (for a limited period of time) to property that the taxpayer wants to buy with sale proceeds from a property he wants to sell. If he sells the property first then he can roll that money into the property he wants to buy (doing what is called a deferred like kind exchange) and avoid capital gain tax. However, if he has to buy the property he wants before he sells, then it does not work unless he does what is called a reverse exchange. <image>

ETITLESEARCH.COM

eTitleSearch.com allows you to search any of our three proprietary databases for the following counties in Illinois: Cass, Morgan and Scott. You may search for records by legal description or name. The database for Scott County dates back to September 1, 2004, Morgan County back to March 1, 1999 and Cass County back to January 1, 1995. Please contact Keri Fox at kfox@titleco.biz for information about how to use eTitleSearch.com or to become an eTitleSearch subscriber.

230 West State Street • Jacksonville, IL 62650
ph 217-243-7432 • fax 217-243-8409
mcac@titleco.biz

138 East Beardstown St. • Virginia, IL 62691
ph 217-452-3118 • fax 217-452-3171
ccac@titleco.biz

46 S Hill Street • Winchester, IL 62694
ph 217-742-9014 • fax 217-742-0880
mcac@titleco.biz


210 E Douglas St. • Petersburg, IL 62675 ph 217-632-2351 • fax 217-632-7627 mcac@titleco.biz