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New York

Qualified Intermediaries

New York 1031 Exchanges

New York State Tax Information

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).

New York has "tax benefit recapture," by which many high-income taxpayers pay their top tax rate on all income, not just on amounts above the benefit threshold.

State Rate

10.90%

Local Rate

1.87%

Combined Rate

33.82%

Deductions

None

1031 Exchange Providers in New York

1031 AES, LLC
deferred.com
Verified

Woodbury, NY

1031 AES, LLC, headquartered in New York, is a full-service Qualified Intermediary that specializes in handling various types of tax-deferred 1031 Exchange transactions across the nation. They are recognized as a leader in the 1031 Exchange industry and are a member of the Federation of Exchange Accommodators.

Exchange Solutions, Inc.
deferred.com
Verified

East Meadow, NY

Yes, Exchange Solutions, Inc. is a member of the Federation of Exchange Accommodators.

National Granite 1031 Services, Inc.
deferred.com
Verified

New City, NY

National Granite 1031 Services, Inc., headquartered in New York, provides access to exchange experts who assist clients with exchange-related challenges. The company is a member of the Federation of Exchange Accommodators.

Capital Intermediary LLC
deferred.com
Verified

Albany, NY

Capital Intermediary LLC, headquartered in New York, operates under the name SMPR Title Agency, Inc., previously known as Sneeringer Monahan Provost Redgrave Title Agency, Inc. They are recognized as one of the premier Title Insurance providers in New York. The company emphasizes its commitment to supporting clients throughout the process. However, they are not a member of the Federation of Exchange Accommodators.

City National Bank
deferred.com
Verified

Los Angeles, CA

City National Bank, headquartered in California, has been operating since 1954 with a focus on prioritizing people and communities. The company emphasizes the importance of impact on real lives over mere financial success. They offer various services, tools, and technology that reflect their values, which are showcased through stories and an evolving mural on their website. However, they are not a member of the Federation of Exchange Accommodators.

Legal 1031 Exchange Services, LLC
deferred.com
Verified

Melville, NY

Legal 1031 Exchange Services, LLC, headquartered in New York, is a prominent national qualified intermediary service provider and a division of Kensington Vanguard National Land Services. It operates under the umbrella of Truist Insurance Holdings, Inc., making it part of a significant banking and financial services network. The company emphasizes exceptional customer service, particularly for those new to 1031 exchanges, encouraging direct communication and providing a high level of individualized service.The company is led by experienced professionals, Todd R. Pajonas, Esq., and Matthew K. Scheriff, CPA, CES, who have over 25 years in the industry. Legal 1031 is also a continuing education provider accredited in several states, catering to attorneys, CPAs, and realtors.Security of exchangers' funds is a priority for Legal 1031. It ensures the safety of funds by using segregated escrow accounts for each transaction and offers the option of dual signature escrow accounts, enhancing security during fund withdrawal.Legal 1031 handles various types of exchanges, including delayed, simultaneous, reverse, and improvement exchanges, and prides itself on treating each exchange with utmost importance and personalized service.

Sutton 1031 Exchange Services, LLC
deferred.com
Verified

Valley Stream, NY

Sutton 1031 Exchange Services, LLC, headquartered in New York, is a prominent provider of both commercial and residential real estate transactions across the United States. The company is noted for its technical expertise and strong commitment to customer service. Its executive team brings over 100 years of combined industry experience, which underpins every transaction handled by Sutton Alliance. However, it is not a member of the Federation of Exchange Accommodators.

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