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1031 Exchange

 

​Internal Revenue Code Section 1031 is one of the single greatest wealth building tools available to the real estate investor.

 

Internal Revenue Code Section 1031 allows investors to defer the payment of capital gains taxes when selling an investment property and exchanging into another investment property.

 

Asset Exchange Company is a Qualified Intermediary (also known as an Exchange Accommodator or Facilitator) that helps investors adhere to the rules within the tax code that are required for proper structure of an exchange.

 

 

 

Qualified Intermediary

 

U.S. Treasury Regulations specifically require the use of a Qualified Intermediary (QI) to facilitate the 1031 Exchange process.  The QI must be a neutral third party to the transaction and will be assigned into the transaction as the seller (or buyer) and ensure the exchangor avoids constructive receipt of sale proceeds.

 

Asset Exchange Company is a Qualified Intermediary facilitating delayed, reverse and construction exchanges.

 

Asset Exchange Company is the only QI in the industry that guarantees that all exchange documents are drafted and reviewed by a licensed attorney.  A sound exchange agreement is the best defense in the event of an IRS audit.

Upcoming Events, Workshops and Webinars

Please join Asset Exchange Company for one of our upcoming training events.  Live workshops are offered periodically throughout the year and webinars are offered several times per month.  1031 Exchange presentations can also be scheduled for local real estate brokerage offices.  To schedule an event, please contact us.

Contact Us
FOR A FREE CONSULTATION
​(877) 471-1031

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Corporate Headquarters
1388 Sutter Street, Suite 1212

San Francisco, CA 94109
Bus: 877.471.1031 
Fax: 877.480.1031
email: info@ax1031.com

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Branch Offices

Orinda | Eugene | Laguna Hills | Tampa

Areas of Service
  • Delayed Exchange

  • ​Construction Exchange​

  • ​Reverse Exchange

  • ​Simultaneous Exchange

  • ​Foreign Property Exchange

 

WASHINGTON STATE LAW, RCW 19.310.040, REQUIRES AN EXCHANGE FACILITATOR TO EITHER MAINTAIN A FIDELITY BOND IN AN AMOUNT OF NOT LESS THAN ONE MILLION DOLLARS THAT PROTECTS CLIENTS AGAINST LOSSES CAUSED BY CRIMINAL ACTS OF THE EXCHANGE FACILITATOR, OR TO HOLD ALL CLIENT FUNDS IN A QUALIFIED ESCROW ACCOUNT OR QUALIFIED TRUST THAT REQUIRES YOUR CONSENT FOR WITHDRAWALS. ALL EXCHANGE FUNDS MUST BE DEPOSITED IN A SEPARATELY IDENTIFIED ACCOUNT USING YOUR TAXPAYER IDENTIFICATION NUMBER. YOU MUST RECEIVE WRITTEN NOTIFICATION OF HOW YOUR EXCHANGE FUNDS HAVE BEEN DEPOSITED. YOUR EXCHANGE FACILITATOR IS REQUIRED TO PROVIDE YOU WITH WRITTEN DIRECTIONS OF HOW TO INDEPENDENTLY VERIFY THE DEPOSIT OF THE EXCHANGE FUNDS. EXCHANGE FACILITATION SERVICES ARE NOT REGULATED BY ANY AGENCY OF THE STATE OF WASHINGTON OR OF THE UNITED STATES GOVERNMENT. IT IS YOUR RESPONSIBILITY TO DETERMINE THAT YOUR EXCHANGE FUNDS WILL BE HELD IN A SAFE MANNER.

 

 

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