1031 Exchange

NES Financial Creates Dedicated Business Units for Core Services

In order to maintain its industry-leading services in the EB-5 and 1031 Exchange businesses, NES Financial’s recent reorganization has created dedicated business units to do just that in addition to accommodating its rapid progress into the private equity fund administration market. Reid Thomas has been named the Executive Vice President and General Manager of the new [...]

2017-05-16T22:31:49+00:00 May 16th, 2017|Categories: BLOG, NES Financial News Blog|Tags: , , , |

Why Having an Industry Leading Qualified Intermediary in 1031 Exchanges is a Step Towards Success

If you are a real estate broker, we realize that your customers are important to you and that is why it is more important than ever to have a Qualified Intermediary with experience and expertise in both Forward 1031 Exchanges and Reverse 1031 Exchanges. Because no two commercial real estate 1031 Exchanges are the same, [...]

Considering a 1031 exchange? Here’s why it might be a good idea

Many people have business or investment property that they are looking to buy and sell but don’t want to have to pay unnecessary taxes on. If this applies to you, a 1031 exchange might be the way to go. A 1031 exchange is a great tool to defer taxes on capital gains or depreciation recapture. [...]

2017-05-12T03:40:54+00:00 January 12th, 2017|Categories: 1031 Exchange|Tags: , , |

NES Financial to exhibit leading solutions at ICSC New York National Deal Making Conference

NES Financial will be exhibiting at the ICSC New York National Deal Making Conference, December 5th and 6th. The New York National Deal Making Conference is one of ICSC’s largest global deal making events and is expected to draw over 10,000 attendees. NES Financial will be at booth 1442 discussing our latest solution capabilities in [...]

2017-05-22T00:43:13+00:00 December 2nd, 2016|Categories: NES Financial|Tags: , , , , |

NES Financial completes SSAE 16 examination

NES Financial has once again successfully completed its annual compliance examination. Formerly known as SAS 70, the SSAE 16 SOC 1 Type II examination is a recognized compliance and controls standard used by leading banks and service providers across the financial industry. The examination mandates an in-depth review of control objectives and procedures throughout the [...]

2017-04-28T19:54:38+00:00 November 15th, 2016|Categories: NES Financial|Tags: , , , |

NES Financial Completes SSAE 16 Examination

San Jose, CA, November 15, 2016 – NES Financial, a FinTech company with leading fund administration, loan servicing, EB-5 administration, and 1031 tax deferred exchange services, announced today the successful completion of its annual compliance examination. Formerly known as SAS 70, the SSAE 16 SOC 1 Type II examination is a recognized compliance and controls [...]

What’s unique about a reverse 1031 exchange?

While a forward 1031 exchange allows you to first sell your investment property and then buy another one, a reverse 1031 exchange does just the opposite. So if you identify a property you want but still haven't sold your existing one, that is okay. A 1031 reverse exchange can be done for a variety of [...]

2017-04-28T19:56:44+00:00 November 9th, 2016|Categories: 1031 Exchange|Tags: , , |

Ensure your 1031 exchange funds are secure

In today’s increasingly complex economic environment, greater opportunities arise for mismanagement and misuse of funds, fraud, or even theft. With such unprecedented levels of risk, it is crucial to work with a qualified intermediary (QI) that does more. NES Financial was founded on the principle of delivering best practices. To help differentiate between outstanding and [...]

When referring your clients to a 1031 qualified intermediary, make sure you choose a proven leader

Commercial real estate brokers have many clients, each with different business needs. Whether clients' current strategies are to shift, consolidate, or diversify their portfolios, a 1031 exchange is always a good option to consider. 1031 exchanges are an excellent way to preserve capital and defer capital gains taxes. And no two 1031 exchanges are alike, [...]

2017-05-14T22:18:03+00:00 September 14th, 2016|Categories: 1031 Exchange|Tags: , , |