Conducting a 1031 exchange in Colorado isn't unique relative to most states in the U.S. The rules and processes for a 1031 exchange, as outlined in Section 1031 of the Internal Revenue Code, apply uniformly across all 50 states. This means that the fundamental requirements, such as the need for the properties involved to be held for investment or productive use in a trade or business, and the like-kind nature of the exchanged properties, remain consistent whether the exchange involves properties in Colorado or elsewhere in the country.
The Combined Rate accounts for Federal, State, and Local tax rate on capital gains income, the 3.8 percent Surtax on capital gains and the marginal effect of Pease Limitations (which results in a tax rate increase of 1.18 percent).
Colorado has a flat income tax rate of 4.63% of federal taxable income, regardless of income level.
Accruit LLC, headquartered in Colorado, is a subsidiary of Inspira Financial and has been providing 1031 exchange Qualified Intermediary services for over 23 years. As a national leader in this field, Accruit specializes in facilitating all types of 1031 exchanges, ranging from straightforward to highly complex transactions. They focus on using these tax deferral strategies to help clients preserve wealth, build investments, and secure financial well-being. Accruit is known for its modern technology systems, comprehensive solutions, and a team of highly credentialed experts, ensuring high standards in service delivery. Additionally, Accruit is a member of the Federation of Exchange Accommodators.
1031 Front Range Facilitators, Inc., based in Colorado, offers over 45 years of combined experience in the exchange and accounting industries. They provide innovative tax services and strategies, specializing in helping individuals, trusts, partnerships, and corporations both locally and nationwide with 1031 exchanges. This involves rolling profits from real estate sales into new purchases while deferring taxes. They are a member of the Federation of Exchange Accommodators.
1031 Corporation Exchange Professionals, based in Longmont, Colorado, has been providing qualified intermediary services for tax-deferred exchanges across the United States since 1990. As a subsidiary of FirstBank, they offer a secure environment for client funds, backed by over $28 billion in assets. The company specializes in complex transactions including reverse and improvement exchanges, and can handle multi-million dollar exchanges in all fifty states. They offer competitive titleholder fees and maintain segregated bank accounts for each exchange to ensure the safety of client funds. Additionally, they are bonded and insured, holding both a fidelity bond and professional liability insurance. Their team collaborates with realtors, attorneys, and tax professionals to offer comprehensive exchange consultation, guidance, and preparation. They pride themselves on high-level customer support and competence throughout the exchange process.
1031X.Com, Inc., based in Colorado, was established in 1994 by attorney Steven Hickox and broker Christopher Sayre. It began as an online exchange shop and has grown into a top-ranked national Qualified Intermediary with operations in Colorado, Missouri, Texas, and Ohio. The company focuses on providing stress-free experiences for its clients by simplifying complex IRS rules and investment structures. They offer personalized service by assigning a designated Exchange Officer to each investor and their advisors, supported by digital solutions. 1031X.Com, Inc. caters to a wide range of clients, from first-time investors with a single rental property to businesses managing extensive asset portfolios across the nation. The company emphasizes a client-centric approach characterized by simplicity, trust, expertise, and timely results.
Banker Exchange, LLC, headquartered in South Carolina, is a qualified intermediary specializing in 1031 exchanges. The company is led by a former CPA with extensive experience as a real estate adviser and investor, ensuring a deep understanding of the complexities of Section 1031 of the Internal Revenue Code. Banker Exchange has successfully handled thousands of exchanges, deferred millions in capital gains taxes, and has a track record of never losing an investor dollar.The company emphasizes a personalized approach by assigning a dedicated Exchange Coordinator to each client, ensuring tailored service and direct access to expert advice. They focus on earning trust, protecting assets, and providing sound advice, maintaining open, honest, and transparent communication throughout the exchange process.Banker Exchange offers a partnership rather than just a service, aiming to guide clients through the nuances of 1031 exchanges with precision and care. Their team is approachable and dedicated to maximizing the value of each exchange, ensuring compliance and the safety of funds. They do not use automated responses or external call centers, instead prioritizing personalized interaction that aligns with clients' investment goals.
Land Title Exchange Corporation is headquartered in Colorado and is led by Kacey Neer, who has been with Land Title Guarantee Company since 2013. Initially starting as a wire coordinator in escrow accounting, Kacey moved to the Exchange Department after previously working in the banking industry for eight years. She enjoys spending her free time with her family and exploring new experiences with them. The company is not a member of the Federation of Exchange Accommodators.
