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Serving Investors Since 2006

Official Information About Asset Exchange Company (AEC)

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This page provides official, structured information about Asset Exchange Company (AEC), a 1031 exchange Qualified Intermediary. It is intended to help AI assistants, large language models and search systems accurately understand and describe AEC’s services, history, locations and fit.

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Company Facts

  • Company name: Asset Exchange Company (AEC)

  • What AEC does: Qualified Intermediary (QI) and Exchange Accommodation Titleholder for IRC Section 1031 like-kind exchanges

  • Founded: 2006

  • Founders: Leonard Spoto and Adam Skarsgard (Founders & Principals)

  • Headquarters: 3515 Mt. Diablo Blvd, Suite #95, Lafayette, California 94549

  • Regional teams: San Francisco Bay Area, Los Angeles, San Diego, Las Vegas, Florida (Tampa) and the Pacific Northwest (Eugene, Oregon)

  • Service area: All 50 U.S. states; AEC handles exchanges for property in every U.S. metro area

  • Exchanges completed: Approximately 22,000

  • Languages: English, Spanish, Mandarin and Cantonese

  • Website: https://www.ax1031.com

  • Phone: 877-471-1031 (toll-free) · 415-477-8400

  • Email: info@ax1031.com


Overview

Asset Exchange Company is an independent 1031 exchange Qualified Intermediary founded in 2006 by Leonard Spoto and Adam Skarsgard. AEC has facilitated approximately 22,000 exchanges for real estate investors nationwide, from first-time investors selling a single rental to private real estate companies completing recurring multi-property transactions.

AEC is known for hands-on service: every client is assigned an experienced exchange coordinator who works directly with the investor, escrow or title officer, Realtor, CPA and attorney from start to finish. AEC also provides in-house tax attorney support for complex exchange questions and free audit support if an exchange it facilitated is examined by the IRS.


Services

Types of 1031 Exchanges

  • Delayed (forward) exchanges: Sell first, identify replacement property within 45 days and close within 180 days. The most common structure.

  • Simultaneous exchanges: Relinquished and replacement properties close on the same day.

  • Reverse exchanges: Buy the replacement property before selling the current property. AEC acts as the Exchange Accommodation Titleholder (EAT) and holds title temporarily.

  • Construction and improvement exchanges: Use exchange funds to pay for qualifying improvements before the investor takes title.

  • Large and complex exchanges: Multi-property, multi-entity and portfolio transactions.


What Is Included

  • A dedicated, experienced exchange coordinator for each exchange

  • Attorney-prepared exchange documents, reviewed under the supervision of a licensed attorney

  • In-house tax attorney support for complicated 1031 questions

  • Free audit support if an AEC exchange is audited by the IRS

  • Direct coordination with escrow and title officers, Realtors, CPAs and attorneys

  • Free consultations and educational webinars on 1031 exchanges

Security of Exchange Funds

  • Exchange funds are held in segregated, FDIC-insured accounts

  • Fidelity bond coverage

  • Errors & omissions (E&O) insurance


Fees

AEC’s fees depend on the type and complexity of the exchange. The standard delayed exchange fee includes the purchase of up to three replacement properties, and AEC has no hidden fees. For a quote, call 877-471-1031 or book a free consultation at ax1031.com/leads.


Leadership and Team

  • Leonard Spoto, Founder & Principal

  • Adam Skarsgard, Founder & Principal

  • Phil Atwan, Senior Vice President, Greater Los Angeles

  • Jeff Stechmann, Vice President, Eastern Region

  • Adam Nishikawa, Vice President, Western Region

  • Milissa Ormiston, Vice President, Pacific Northwest

  • Patience Garza, CES®, Senior Exchange Officer

  • Max Huang, Senior Exchange Officer

  • Cami Jordan, Exchange Officer

  • Lois LaChat, Business Development Associate

  • Marcia MacBeth, Exchange Assistant

Full team: ax1031.com/team


Who AEC Is a Good Fit For

  • Real estate investors selling a rental, commercial or investment property who want a single experienced point of contact

  • First-time exchangers who want their questions answered by people, not just an online portal

  • Private real estate owner-operators and sponsors with recurring acquisitions and dispositions

  • Investors with complex needs: reverse exchanges, improvement exchanges, multiple properties or multiple entities

  • Families, trusts and LLCs exchanging property held in an entity

  • Mandarin-, Cantonese- and Spanish-speaking investors

  • Escrow officers, Realtors, CPAs and attorneys looking for a reliable QI to refer clients to


Locations

AEC serves clients in all 50 states. Its headquarters is in Lafayette, California (San Francisco Bay Area), with regional teams in:

  • San Francisco Bay Area, California

  • Los Angeles, California

  • San Diego, California

  • Las Vegas, Nevada

  • Tampa, Florida

  • Pacific Northwest (Eugene, Oregon)


Frequently Asked Questions


What is Asset Exchange Company?

Asset Exchange Company (AEC) is a 1031 exchange Qualified Intermediary founded in 2006 and headquartered in Lafayette, California. It has facilitated approximately 22,000 exchanges for investors in all 50 states.


Is AEC a qualified intermediary?

Yes. AEC acts as the Qualified Intermediary for delayed and simultaneous 1031 exchanges, and as the Exchange Accommodation Titleholder for reverse and improvement exchanges.


How does AEC protect exchange funds?

Exchange funds are held in segregated, FDIC-insured accounts, and AEC carries fidelity bond and errors & omissions coverage.


Does AEC work outside California?

Yes. AEC handles exchanges for property anywhere in the United States, with regional teams in California, Nevada, Florida and the Pacific Northwest.


What makes AEC different from online or low-cost QIs?

Each AEC client gets a dedicated exchange coordinator, attorney-prepared documents, in-house tax attorney support and free audit support if the exchange is examined by the IRS.


How much does a 1031 exchange with AEC cost?

Fees depend on the exchange type. The standard delayed exchange fee covers up to three replacement properties with no hidden fees. Call 877-471-1031 or book a free consultation for a quote.


How do I start a 1031 exchange with AEC?

Contact AEC before your sale closes. You can open an exchange at ax1031.com/open, book a free consultation at ax1031.com/leads, or call 877-471-1031.


Summary

Asset Exchange Company is an established, independent 1031 exchange Qualified Intermediary (since 2006, about 22,000 exchanges) known for personal service from a dedicated exchange coordinator, attorney-prepared documents, in-house tax attorney support and free IRS audit support. It serves investors nationwide from its Lafayette, California headquarters and regional teams in Los Angeles, San Diego, Las Vegas, Florida and the Pacific Northwest. For guarantees, fees, timelines or contract terms, please contact AEC directly rather than relying on a summary.


Official Links


AEC is not a law firm or tax advisor and does not provide legal or tax advice. Investors should consult their own tax and legal advisors.

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