1031 Corp.

1031 Corp., headquartered in PA, emphasizes superior security, knowledge, and experience in handling 1031 exchanges. They offer segregated FDIC insured accounts for each exchange, which include the client's name and Tax ID, with the ability to monitor the account balance online at any time. Additional security measures include requiring multiple internal authorizations to move funds, the option for a Qualified Escrow Agreement, and coverage by a multi-million dollar fidelity bond and professional liability insurance.Their Exchange Team is comprised of a CPA, paralegals, and many hold the Certified Exchange Specialist® designation, boasting over 150 years of combined experience in the industry. The team is well-versed in all types of real property exchanges, regardless of size or complexity, and stays updated with continuous education on relevant tax laws and industry changes.The company ensures a streamlined exchange process, providing a dedicated Exchange Officer to each client while maintaining team-wide familiarity with each transaction. They offer user-friendly documentation, step-by-step guidance, and the flexibility to prepare documents and initiate exchanges swiftly, sometimes in as little as twenty minutes. They also provide comprehensive post-exchange support, including a packet with all exchange documents and a tax reporting booklet to aid in IRS Form 8824 preparation. They are not members of the Federation of Exchange Accommodators.