Larry monroe owns an apartment building in chicago because

Reference no: EM13600530

Larry Monroe owns an apartment building in Chicago . Because of his age, Larry is thinking of leaving those Chicago winters and moving to Arizona/>/> . He's not quite ready to retire and would likely engage in a real estate business in Arizona . He is reluctant to sell the property in Chicago because of the tax gain and would really like to find like-kind property in Arizona . The problem is he doesn't know how to go about finding someone who is willing to trade properties. Larry's stockbroker mentioned that he had a brother who worked for a firm that facilitated such transactions for a fee. Larry is ecstatic and can't wait to get home and call his stockbroker's brother. He can feel winter warming up already.
Using only Internet resources answer the following questions:
1. Are there any prohibitions against Larry's stockbroker's brother facilitating Larry's exchange?
2. Find the name and Internet Address of a firm that facilitates these types of exchanges.

Reference no: EM13600530

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