Montana Qualified Intermediary 1031 Property Exchange Delivers 20 Years Experience

"In our 20 year history we have never had a 1031 exchange collapse and we've not ever had any exchange mistakes", states Rusty Squire, Montana Qualified Intermediary and President of 1031 Property Exchange.  He adds,"We are proud of this track record and look forward to its disposition".

QUALIFIED ESCROW PROVIDER

1031 Property exchange has been partnered nationally with the potency of Axos Bank as a qualified escrow provider.  "We are very confident in our relationship with Axos and their capacity to provide our 1031 exchange customers with secure escrow providers throughout their trade".

"Using a Qualified Intermediary that functions in both capacities helps enhance your exchange transaction, resulting in a single point of authority for most transaction-related questions and alternatives", says Squire.  He adds,"Out of a few hundred trades performed we've had on customer ever split the responsibilities of qualified economists and qualified escrow".

"Staying within Internal Revenue Code exchange guidelines is complicated and involves a significant comprehension of IRC code, case law and current regulations", says Squire.  He adds,"Understanding ownership and the various legal entities used to establish that ownership is also very important".

"There are also complicated kinds of exchanges, for example bifurcations, where primary residences on larger tracts of land have been split between the Section 121 exclusion for main residence and 1031 trade", says Squire.  He adds,"These transactions will need to be carefully documented with regards to price basis and the feasibility of the sales price between main home and investment property, which is normally the excess property".

"The 1031 exchange is actually just a deferral of all taxes - Federal funding gains, State capital gains, ACA tax and depreciation recapture", says Squire.  He adds,"But all of this deferral can develop into a tax-free transfer when the lien expires assuming that their gross estate doesn't exceed the Federal Estate tax limits, which will be estates around $5.6 million in 2018".

"Your heirs get a step-up in cost basis to the value at date of death or 6 months after the date of death, meaning that if the entire estate is under $5.6 million there isn't any tax die", says Squire.  He adds,"This leaves the 1031 market one of the very extraordinary wealth building opportunities within the Internal Revenue Code".

LOCAL OFFICES, NATIONAL REACH

1031 Property Exchange has local offices in 1087 Stoneridge, Suite 2A in Bozeman, Montana however they play exchanges in all 50 States, along with Puerto Rico, Guam and the US Virgin Islands.  "We are not only a Montana 1031 exchange company, we are a national 1031 exchange firm", says Squire.

If you would like a free consultation regarding your 1031 exchange then simply call Licensed Intermediary Rusty Squire in 406-425-2742.