What does 1031 Corporation do for You?

1031 Corporation facilitates 1031 exchanges by acting as a Qualified Intermediary. We work directly with real estate agents, attorneys, and tax professionals to provide consultation and guidance throughout the exchange process.

We prepare all documents that the IRS requires in completing an exchange. This includes the Exchange Agreement, Assignment of Contract and Notice of Assignment of Contract. Documents are prepared before the sale of the relinquished property and before the purchase of the replacement property. We provide a form to comply with the identification requirements that the IRS has defined and follow up to make sure the deadlines are met.

The exchange proceeds are banked in segregated accounts for the benefit of the exchange client at FirstBank. We have the ability to provide FDIC insurance up to $6.5 million by using separate accounts within the FirstBank charters. Our clients earn money market interest rates on the exchange proceeds.
Upon completion of the exchange, we provide our clients with a summary of the exchange. The summary includes copies of all documents and worksheets to assist with completing Form 8824. We have a CPA on staff to assist with any exchange related tax questions.

Choose 1031 Corporation. We have the knowledge and expertise to help clients defer capital gains tax and we provide exceptional customer service in the process!