Standard Exchange Services
Please consult with your tax advisor before deciding to embark on a 1031 exchange. They are a valuable resource to a successful tax-deferred exchange. They will calculate the allocation of the sales and purchase price and recommend the appropriate structure of your transaction.
We facilitate the exchange of your relinquished property and your replacement property by preparing the necessary legal documentation, including the Exchange Agreement, Supplemental Escrow Instructions, Assignment of Seller’s/Buyers Position, Acknowledgement of Accommodator’s Role, Exchange Funds Restrictions, and the Designation Documents.
We review and execute the closing documents and if needed, we can provide a verification of exchange funds for loan financing.
We work with the escrow officer to coordinate the details of your transaction.
We set up high-yield interest* rate exchange accounts to hold your exchange proceeds, so that you do not have actual or constructive receipt of your funds. We coordinate the transfer of funds for the purchase of your replacement property and for additional exchange expenses. As opposed to some of our competitors, all of the interest earned on your exchange funds is returned to you through escrow. Many exchange companies keep all or a portion of this interest as part of their fee structure.
The Five Types of Exchanges
Exchange Alliance Group has over 20 years experience facilitating all types of exchanges. Our experts will help demystify the process to make your exchange a stress free experience. Please click on the exchange type below for a full description. Don’t hesitate to contact us if you have any additional questions. You can also visit our FAQ page for more information or click the links below for information about that exchange.
Additional Services
Please note that additional consulting services are available, but considered outside of the standard exchange fee and will be billed at our standard hourly rates. Such consulting services will be discussed and agreed to by both parties in advance.
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We have a knowledgeable staff and licensed CPA’s in our group that can provide additional tax or consulting services regarding your 1031 exchange. We can help to structure your exchange transaction, allocate sales and purchase price, as well as address other complex issues such as carry-back notes, combined exchanges or reverse exchanges.
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Through our affiliated company, Ghirardo Real Estate Group, we can refer you to experienced Real Estate Professionals that can help you find replacement property or buyers for your relinquished property.
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Real Estate services are contingent upon performance, as long as an Exclusive Right to Represent form has been signed.
