We Are the Industry Leader in 1031 Exchange
Expertise, Client Service, and Funds Security
Reduce or Eliminate Tax Liability on the Sale of Business or Investment Real Estate Property
At NES Financial, we’ve put together an industry-leading track record of 1031 success, over tens of thousands of transactions and more than 25 years in the business. Our in-house counsel developed significant 1031 guidance while working at the IRS National Office. And we’ve built a cutting-edge administration platform, called eSTAC®, from the ground up to maximize your transaction security and transparency.
1031 Exchange One-Stop Resource Center
1031 Exchange Solution Sheet
When you are selling and buying investment real estate and want significant tax savings, a 1031 exchange allows you to defer taxes from gains on sales and depreciation recapture.
NES Financial is the nation’s leading qualified intermediary, providing secure, transparent, and compliant 1031 exchanges. We offer a team of experts, highly-secure technology, top-tier custodial banking partners, and proven escrow and trust solutions designed to facilitate complex 1031 exchange transactions.
If you are ready, give us a call at 1-888-992-1031 to speak with a 1031 exchange representative.
Or, if you’re just looking for more information, but aren’t ready to chat, download our 1031 Exchange Solution Sheet for free instead!
By reading the kit you will learn how NES Financial provides:
- Experience with Industry-leading best practices
- Innovative solutions customized to meet your needs
- Client account visibility 24/7 to ensure transparency
If you’re selling one business or investment real estate property and buying another, a 1031 exchange may allow you to defer capital gains and other tax liability on the transaction. This can effectively strengthen your purchasing power, increasing the funds you have available to invest in the new property.
Get more details on What is a 1031 Exchange.
Sellers have 45 days to identify their replacement property after a sale, and 180 days after the sale to close, if they are to qualify for a like-kind exchange under Section 1031.
However, a third-party qualified intermediary (QI) should hold the sales proceeds in escrow in between these two events.
“Reverse” exchanges, in which the new property is purchased before the sale of the old one, are also possible, but they require special handling to comply with IRS guidance.
Get more details on What are the rules of a 1031 exchange?
In short: 1) choose a property to sell, 2) choose a property to buy, and then 3) hire a qualified intermediary (QI) to facilitate the exchange.
The tax rules applicable to Section 1031 exchanges are complex and highly time-sensitive. This places a great responsibility on the QI to be responsive and act according to so-called “safe harbor” rules, which ensure compliance.
Get more details on How to do a 1031 Exchange.
A good qualified intermediary is more than a bank account, more than just a parking space for your cash. Your QI should be fluent in legal, tax and exchange matters, and should work with you to manage the entire exchange process, from start to finish.
Here’s what you should look for when choosing a 1031 QI:
- Segregated bank accounts with dual-signature authorization for disbursements
- Fully transparent, 24/7 visibility into funds’ status and transaction information
- Fidelity bond coverage
- Errors and omissions insurance
- Expert legal team
- Renowned, responsive support and client services team
- Voluntary annual audit of technologies, business practices and operating procedures
Of course, stewarding your exchange funds through the 1031 process securely and transparently is the minimum you should expect, but a good QI should also anticipate your needs, support and serve you at every step along the way.
Get Your Free 1031 Exchange Consultation
Do you have questions that need answers? Or, you don’t know where to start and just want to talk to someone? Click the button below to schedule your call with one of our 1031 Exchange representatives. Our online calendar makes it easy to reserve your spot with one of our experts — all with no obligation whatsoever!
Or, give us a call at 1-888-992-1031 to speak with a 1031 exchange representative.
Not in a hurry and want us to call you back? You can fill out the form below and one of our representatives will get in touch with you.
Please complete the form to schedule a free 1031 Exchange Consultation.
Expertise, Client Service, & Security
“NES Financial simply has the most experience and the best expertise in the business. I can rest assured knowing their team will get the job done right. That’s why I suggest my clients partner with NES Financial for all of their 1031 needs.”
Alan Fruitman, President at 1031Tax.com
Get a Free 1031 Exchange Consultation
Our free consultations carry no obligation whatsoever, and are a great way to familiarize yourself with the world of like-kind exchanges — and to find out how a 1031 exchange could help you reduce or eliminate tax liability on the sale of your property.
Download Our 1031 Exchange Solution Kit for Free
Not ready to give us a call? Download our 1031 Exchange Solution Kit for free instead.
After reviewing the kit, you will understand why we are the nation’s leading qualified intermediary – we provide secure, transparent, and compliant 1031 exchanges. In addition, we offer a team of experts, highly-secure technology, top-tier custodial banking partners, and proven escrow and trust solutions designed to facilitate complex 1031 exchange transactions.