Funds deposited in an exchange escrow are insured by the FDIC for amounts up to $250,000.00 and protected with $1 million in errors and omissions insurance coverage. Each client is assigned an individual escrow account for purposes of depositing the exchange proceeds. This step ensures that your exchange funds are not co-mingled with other client’s exchange funds. This step provides additional protection by segregating your funds which protects those funds from claims of third parties and other malfeasance.
We respect the trust placed in us to safeguard your exchange transaction. The 1031 Exchange Intermediaries team understands the trust and confidence which is an essential part of the exchange process. We are committed to protecting and safeguarding your exchange funds. .
To learn more about the protection solutions we offer to our clients or to work with our 1031 exchange facilitator, contact us online or by phone today at 314-822-8100.
1031 Exchange Protection Solutions
§1031 of the Internal Revenue Code (IRC) provides a unique opportunity to defer capital gain from the sale of real estate. To qualify for this benefit requires strict compliance with the statute and accompanying safe harbor regulations to successfully defer capital gain. Our 1031 exchange facilitator team has the experience and resources to properly structure and execute your exchange. While each exchange is unique, our three-step Tax Terminator Process has proven success, no matter the details of your exchange.
Step One: Consultation
Begin with a short phone call to gather the basic facts about your exchange and understand your goals. Understanding the potential tax liability is an important factor to evaluate the benefits of an exchange versus a sale.
Step Two: Strategy
We discuss options for achieving your goals and deferring your tax liability, based on the information given in Step One.
Step Three: Execution
After you have decided on the best solution for your situation, our team will set up the exchange in compliance with applicable safe-harbor rules and regulations. Exchange documents are prepared, delivered, and executed within crucial time limits to ensure compliance. At the exchange’s completion, our clients receive a complete set of exchange documents showing compliance with critical IRS regulations and requirements. As your 1031 exchange facilitator, we retain a copy of these documents for five years.
Experience the 1031 Exchange Intermediaries Difference
Our team uses decades of knowledge to serve clients from across the country, helping thousands of people keep more of what they earn, which not only preserves equity but creates opportunity for higher and greater returns on your investment dollars.
Contact us online or by phone at 314-822-8100 to learn how our 1031 exchange intermediary team can help you navigate your 1031 exchange successfully and maximize your investment opportunities.
