Learn What Really Matters in a 1031 Exchange!

Overview of the Reverse 1031 Tax Deferred Exchange

Sat, 02 May 2026 07:45:53 -0700

Did you know that a reverse 1031 tax deferred exchange can help you secure your new replacement property before selling your current relinquished property, but that the reverse structure is only as strong as the professionals guiding it? A regular 1031 exchange, often referred to as a forward or delayed 1031 exchange, requires investors to sell their existing relinquished property before acquiring a new replacement investment property. This can put quite a bit of pressure on the investor to locate and purchase their replacement property within the required 1031 exchange deadlines. Often, an investor will locate their ideal replacement property well before they find a suitable buyer for their current relinquished property. A reverse exchange can solve this timing challenge. The reverse 1031 allows property owners to close on the purchase of a new replacement property before closing on the sale of their current relinquished property. The primary benefit is more control over the purchase and sale timelines. Executing a reverse 1031 exchange requires strict adherence to federal tax guidelines and precise coordination. One misstep can disqualify the entire transaction and trigger substantial capital gain tax liabilities. Investors must start planning early if they intend to structure a reverse 1031 exchange due to the complexities and nuances involved in setting up the reverse exchange, such as the parking arrangement required under Revenue Procedure 2000-37. Preparation is crucial to avoid last minute, stressful situations. For example, traditional lenders generally will not lend on property held in the parking arrangement in a reverse exchange. Reviewing the specific facts in your reverse 1031 with your qualified intermediary early is critical to avoid 11th hour surprises. And, choosing a best practices qualified intermediary (QI) and exchange accommodation titleholder (EAT) that will always put your best interests first is critical to protecting your funds, meeting strict deadlines, and maintaining compliance with IRS safe-harbor requirements. Regulatory oversight, financial safeguards, technical expertise, and disciplined administration all matter in a complex exchange.Read our article, Introduction to Reverse 1031 Exchanges, to learn how the process works, how to get started, why it can be a powerful planning tool, and what to look for when selecting a secure and reliable QI and EAT. If you want to dive deeper, you can read Reverse 1031 Exchange Transactions: Key Benefits, Best Practices and What Really Matters. Read the full article today. #1031Exchange #Reverse1031Exchange #RealEstateInvesting #QualifiedIntermediaryWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

How to Start a Reverse 1031 Exchange: QIs, EATs, and QEAAs...Oh My

Tue, 28 Apr 2026 16:32:41 -0700

Are you missing out on the ideal replacement property while waiting to sell your current asset (relinquished property)? The right new replacement property sometimes drops right into your lap before you are able to sell your existing relinquished property. A reverse 1031 exchange provides the flexibility to acquire your new real property first while still being able to defer capital gains taxes once you sell your current investment property. Executing this complex transaction, however, requires strict adherence to federal tax codes, regulations, rulings, and a team of 1031 specialists.Our comprehensive guide details exactly how to navigate this process securely. Inside this article, we explain:Choosing Secure Professionals: How to select a safe, regulated and audited qualified intermediary (QI) and exchange accommodation titleholder (EAT).Regulatory Compliance: Steps to structure a safe harbor parking arrangement under IRS Revenue Procedure 2000-37.Risk Management: Specific insurance mandates required to protect the legal titleholder and maintain compliance.Ensure your next reverse exchange remains structurally sound and fully protected. Read our complete article to master the reverse 1031 exchange today. #1031Exchange #RealEstateInvesting #TaxDeferral #WealthManagement #CommercialRealEstateWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Why a Qualified Trust Account is Essential for Your 1031 Exchange!

Tue, 21 Apr 2026 07:00:01 -0700

Protecting your sale proceeds is just as critical as finding the right replacement property during a 1031 Exchange.To avoid immediate tax liabilities, you must prevent the "constructive receipt" or "actual receipt" of your exchange funds. The safest, most secure way to achieve this compliance is by utilizing a separate, segregated, dual-signature, restricted qualified trust account (QTA) for the net proceeds from the sale of your relinquished property.Here is why a QTA is essential for your next transaction: Ensures strict legal separation of your money from a qualified Intermediary’s corporate operating funds and assets. Requires dual-signature approvals from the taxpayer to prevent unauthorized transfers and misappropriation of the 1031 funds. Provides clear regulatory compliance and transparent tracking of your assets pursuant to the Treasury Regulations. Working with a licensed, regulated, and audited financial institution like Exeter Trust Company delivers an unmatched level of security. Because we operate under strict regulatory oversight and undergo annual independent outside CPA audits, you can trust that your assets are protected by the highest fiduciary standards.Read our full article to discover how a qualified trust account minimizes risk and protects your 1031 exchange funds. Our experienced advisory team is available to assist you and your advisors with creative solutions for individual, corporate, and institutional exchanges in all 50 states, U.S. territories, and foreign countries. Frequently Asked Questions (FAQs): 1031 Exchange Qualified Trust Accounts To help you better understand how to protect your real estate investment proceeds, we have compiled answers to the most common questions regarding 1031 exchange qualified trust accounts (QTAs) and the protections and safeguards provided by Exeter Trust Company. 1. What is a 1031 Exchange Qualified Trust Account (QTA)?A qualified trust account is a separate, segregated, dual-signature, restricted account established specifically to hold and safeguard your net proceeds during your tax-deferred exchange. The Internal Revenue Service (IRS) requires that you avoid "actual or constructive receipt" of your sale proceeds to qualify for tax deferral. By placing your funds in a QTA, a neutral third party holds the money on behalf of the qualified intermediary and you as the taxpayer. This legally ensures you do not have direct access to the funds, keeping your exchange strictly compliant with IRS regulations. 2. Why should I use a Qualified Trust Account for my 1031 Exchange?Using a QTA provides unmatched safety, security and transparency for your exchange funds. The primary benefits include:Complete Separation of Funds: Your 1031 money is never commingled with a qualified intermediary’s (QI) corporate operating accounts.Dual-Signature Protection: Disbursements require authorization from both you and the trustee of the QTA, effectively preventing unauthorized transfers, misappropriation, or embezzlement of your 1031 exchange funds.Regulatory Compliance: It provides a clear, documented paper trail proving you never took constructive receipt of the funds pursuant to the Treasury Regulations.3. What are the risks if my 1031 Exchange funds are not held in a QTA?If your qualified intermediary holds your funds in their standard corporate bank account, your money is exposed to significant vulnerabilities. If the QI experiences financial distress or files for bankruptcy, your exchange proceeds could be legally treated as corporate assets. This means you would become an unsecured creditor and could lose your investment entirely. Without a dual-signature trust structure, your funds are also far more susceptible to internal fraud or theft. You can research the LandAmerica 1031 Exchange bankruptcy case for more information about what can go wrong. 4. Why choose Exeter Trust Company to serve as the trustee for my account?The safety of your funds depends entirely on the institution holding them. Exeter Trust Company is licensed, regulated, and examined by the Wyoming Division of Banking. Unlike unregulated entities, we uphold a strict legal and ethical fiduciary duty to act in your best interest. Furthermore, we undergo two annual independent outside CPA financial audits and procedural audits to continuously verify our internal controls. This level of regulatory oversight makes Exeter 1031 Exchange Services, LLC one of the safest and most secure options in the industry today. 5. How can I get started or learn more about setting up a QTA with Exeter?We work with individual, corporate, and institutional clients in all 50 states, U.S. Territories, and foreign countries, providing creative solutions for basic to complex 1031 exchange transactions. Whether you are ready to open an account or simply conducting due diligence for a future exchange, you can always obtain assistance from our team. Contact our experienced 1031 exchange specialists directly to discuss your specific needs and secure your upcoming transaction. #1031Exchange #RealEstateInvesting #TaxStrategy #WealthManagement #ExeterTrustWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

1031 Exchange Fees Explained: Uncovering the True Costs

Mon, 20 Apr 2026 09:35:16 -0700

Are you fully aware of the true costs hidden within your 1031 exchange transactions?The 1031 exchange industry often falls short in explaining the complete financial picture. We believe in complete fee transparency and disclosure from day one. Our latest guide provides a factual, fully disclosed breakdown of all charges involved in the administration of tax-deferred exchanges.Inside the article, we detail: Industry average fees for forward, reverse, improvement, leasehold improvement, zero equity and foreign property 1031 exchanges The critical financial and security differences between regulated and non-regulated qualified intermediaries A transparent look at retained interest income and transactional service charges Exeter 1031 Exchange Services, LLC is one of the safest and most secure Qualified Intermediaries in the industry today. We are one of the few providers operating with comprehensive regulatory oversight, regulatory exams, and CPA audits. Protect your assets by understanding exactly what you pay for.Read our full guide to learn more about the true costs of 1031 Exchanges and secure your financial future with confidence: [Insert Link Here]#1031Exchange #RealEstateInvesting #TaxStrategy #QualifiedIntermediary #WealthManagementWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Master Reverse 1031 Exchanges: Guidance from the Experts!

Sat, 18 Apr 2026 20:59:09 -0700

Have you found the perfect replacement investment real estate but have not yet sold your current investment property?You do not have to risk missing out on a valuable acquisition. Our comprehensive new guide explores the exact parameters of reverse 1031 exchange transactions. This detailed article breaks down everything you need to know to execute your reverse exchange safely, including: The strategic benefits of securing your replacement property first Navigating "Exchange Last" and "Exchange First" structures Tracking strict 45-day and 180-day IRS deadlines Executing essential documentation and parking arrangements Working with an experienced and regulated team A reverse exchange is a sophisticated variation of the tax-deferred exchange governed by Internal Revenue Code Section 1031. Unlike a traditional (forward) tax-deferred exchange—in which the relinquished property is sold before acquiring the replacement property—a reverse 1031 exchange allows an investor to close on the purchase of their replacement property before closing on the sale or disposition of their relinquished property.Reverse 1031 exchanges are highly complex, structured legal transactions that leave absolutely no room for error. A minor oversight can result in a fully disqualified exchange and severe tax liabilities.This is why working with a regulated, highly experienced qualified intermediary is critical. You need an advisory team with significant expertise and experience, strict regulatory oversight, and a proven track record to ensure total compliance with IRS safe harbor guidelines under Revenue Procedure 2000-37. Read the full article to master your reverse 1031 exchange strategy. Whether you have a basic question or are conducting due diligence for a complex transaction, you can always obtain assistance from our reliable 1031 exchange advisory team.[Insert Link to Article]#1031Exchange #RealEstateInvesting #TaxStrategy William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Meet the Growing Phoenix Arizona Team at Exeter 1031 Exchange

Fri, 10 Apr 2026 21:10:26 -0700

We are pleased to announce the expansion of the Exeter 1031 Exchange Services, LLC Southwest Regional Office in Phoenix, Arizona.To better serve the growing Arizona real estate market, we are welcoming Cole W. Walters to the team as our new Business Development Officer. With this addition, our Phoenix office now features three dedicated professionals ready to assist you with your complex transaction needs: Brenda Doolittle, Exchange Administrator Cole W. Walters, Business Development Officer Amy Doolittle, Receptionist and Office Assistant When dealing with 1031 Exchanges, the security of your funds is paramount. Exeter 1031 Exchange stands apart as one of the few Qualified Intermediaries in the industry today that is subject to any kind of regulatory oversight. Exeter 1031 Exchange deposits, holds and safeguards clients' exchange funds in separate, segregated, dual-signature, restricted qualified trust accounts at Exeter Trust Company. Exeter Trust Company is licensed, regulated and examined by the Wyoming Division of Banking. We are committed to providing the highest level of financial safety, compliance, and reliability for our corporate, institutional, and individual clients.Learn more about our experienced professionals or find our Phoenix office and other nationwide locations to get started with our 1031 exchange specialist today.#1031Exchange #PhoenixRealEstate #QualifiedIntermediary #RealEstateInvesting #Exeter1031Frequently Asked QuestionsQ: What is a 1031 Exchange and how can Exeter 1031 Exchange Services, LLC assist me?A: A 1031 Exchange allows investors to defer capital gains taxes on the sale of investment property by reinvesting the proceeds into a like-kind property. Exeter 1031 Exchange Services, LLC provides expert guidance, regulatory compliance, and secure fund management throughout every stage of the exchange process.Q: How does Exeter 1031 Exchange maintain regulatory compliance and client security?A: Exeter 1031 Exchange is one of the few qualified intermediaries that has any kind of regulatory oversight along with independent CPA audits. Our processes are designed to meet industry standards, giving clients assurance that their transactions are handled with the highest level of security and professionalism.Q: How can I get in touch with the Phoenix, Arizona office or other Exeter 1031 Exchange locations?A: You can reach our Phoenix team, as well as other offices nationwide, through our office locations page. Our 1031 specialists are available to answer your questions and provide tailored solutions for your 1031 Exchange needs any time, day or night, 24/7/365. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Amanda J. Brynoff Promoted to Vice President and Controller

Mon, 06 Apr 2026 06:42:17 -0700

At The Exeter Group of Companies, financial integrity and regulatory compliance form the foundation of client trust. We are proud to announce the promotion of Amanda J. Brynoff to Vice President and Controller of The Exeter Group of Companies to further underscore our commitment to financial integrity and transparency. Amanda leads the financial and regulatory reporting and accounting operations across The Exeter Group of Companies, including Exeter 1031 Exchange Services, LLC and Exeter Trust Company. Her deep expertise and strong leadership ensure our financial operations maintain the highest standards of safety, accuracy, and compliance in the industry.Under her continued guidance, Exeter remains focused on: Expert financial oversight Strict regulatory compliance Unwavering commitment to client security Read the full press release here to learn more about Amanda’s promotion and her vital role in safeguarding our operations. Exeter Trust Company is licensed, regulated and examined by the Wyoming Division of Banking. Licensed. Regulated. Secured.#Exeter1031 #Leadership #FinancialServices #1031Exchange #TrustCompany #SDIRA #SelfDirectedIRA William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

The Hidden Risks of Using Unregulated 1031 Exchange Qualified Intermediaries

Wed, 01 Apr 2026 07:00:04 -0700

Did you know that most 1031 exchange qualified intermediaries operate without any licensing, regulatory oversight or audit requirements, that one can set-up shop as a QI? The QI industry is not licensed or regulated. Trusting an unlicensed and unregulated entity with your sale proceeds carries significant financial risk. The historic bankruptcy of LandAmerica 1031 Exchange Services demonstrated exactly how millions of dollars in client funds can be lost when a company lacks strict investment restrictions and mandatory audits.Our latest article, "The Hidden Risks of Using Unregulated 1031 Exchange Qualified Intermediaries," provides a factual, structured framework to protect your investments. It guides you through the exact steps needed to secure your funds, helping you: Verify that a 1031 QI firm is actively licensed, regulated, and audited Evaluate financial stability, fidelity bonds, errors and omissions insurance, cyber and wire fraud insurance coverage and required equity capital reserves Assess technical expertise for complex exchange transactions Ensure you have direct accessibility to experienced executive leadership Selecting a licensed and regulated qualified intermediary is the most critical step you can take to safeguard your tax-deferred funds.Read the full guide to learn how to conduct rigorous due diligence before your next transaction:#1031Exchange #RealEstateInvesting #WealthManagement #QualifiedIntermediary #TaxStrategyWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Notice to 1031 Exchangors

Tue, 31 Mar 2026 13:55:21 -0700

A successful 1031 exchange transaction requires careful planning and strict attention to detail. If you plan to complete a forward, reverse, improvement, leasehold improvement, foreign property or zero equity 1031 exchange, you must understand the rules to protect your tax-deferred status.Keep these crucial steps in mind before you start your next transaction: Consult your legal, tax, and financial advisors early in the process. Set up your exchange with a regulated qualified intermediary before closing on any properties. Track IRS timelines closely, including your 45-day identification period, and understand your fund restrictions. Do not leave your tax-deferred exchange up to chance. Read our important notice for exchangors to get the detailed guidance you need for a smooth transaction. This notice is the guidance that we provide to each 1031 Exchangor before they begin their tax-deferred exchange.#1031Exchange #RealEstateInvesting #TaxStrategy #Exeter1031 #WealthManagement #BillExeterWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Protecting Your 1031 Exchange Funds: How to Safeguard your Money!

Mon, 30 Mar 2026 09:54:40 -0700

A 1031 exchange provides powerful tax-deferral benefits, but the safety of your equity capital ("1031 exchange funds") depends entirely on the qualified intermediary (QI), often referred to as accommodator or facilitator, that you choose to administer your tax-deferred exchange. The 1031 QI industry operates without any kind of federal licensing or regulatory oversight. A mistake or lapse in security by an unregulated intermediary can lead to a disqualified exchange or the complete loss of your funds. To safeguard your investments, you must demand strict financial protections. When selecting a QI, always verify these critical criteria:Licensing and regulatory oversight: Ensure the 1031 firm is licensed and regulated by a government agency, and is subject to regulatory exams, minimum bonding, insurance and equity capital requirements.Independent audits: Ensure the 1031 QI is subject to annual exams by their regulator, and independent audits by an outside, independent certified public accounting firm.Robust insurance: Verify the qualified intermediary has substantial bonding and insurance coverage through fidelity bonds, errors and omissions insurance, and cyber fraud and wire transfer fraud insurance coverage.Minimum Equity Capital: Determine if the 1031 QI must maintain minimum regulatory required equity capital reserves to better protect its clientele.Fund security: Require separate, segregated, dual-signature, restricted qualified trust or escrow accounts to prevent commingling of funds.Trust, but verify. Protect your principal above all else by partnering with a best practices qualified intermediary that prioritizes financial security, safety and security of 1031 funds, and deep technical expertise. Read our comprehensive article to learn exactly how to evaluate and select the safest, most secure qualified intermediary for your next transaction. #1031Exchange #RealEstateInvesting #TaxStrategy #QualifiedIntermediary #WealthPreservation #BestQualifiedIntermediary #TopQualifiedIntermediary #LicensedQI #RegulatedQI William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Exact Same Taxpayer Requirement for a 1031 Exchange

Sun, 29 Mar 2026 13:07:50 -0700

Navigating the complexities of a 1031 exchange requires precision, especially when it comes to the "same taxpayer requirement."It is widely—and incorrectly—believed that the legal title to your relinquished property and your replacement property must be exactly identical. Our latest article demystifies this common misconception and provides factual, structured guidance on how to maintain regulatory compliance.In this comprehensive article, we cover: The fundamental difference between legal title and tax identity How disregarded entities (like single-member LLCs and living trusts) offer flexibility Strategies for satisfying strict lender requirements without disqualifying your exchange Protect your investments by prioritizing proactive planning and ensuring your transaction meets all regulatory standards.Read the full article to master the same taxpayer rule and secure your tax-deferred exchange: https://1031.exeterco.com/unraveling-the-mystery-of-1031-exchanges-the-same-taxpayer-requirement-2/ #1031Exchange #RealEstateInvesting #TaxStrategy #WealthManagement #CommercialRealEstateWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

1031 Exchange Qualified Intermediaries Are Not Created Equal

Fri, 15 Mar 2019 23:20:52 -0700

Accommodators Are Absolutely Not Created Equal; Differences Major Risk Taxpayers generally think that tax deferred exchange qualified intermediaries are all exactly the same – but 1031 exchange qualified intermediaries (QIs) are absolutely not created equal – and the differences can make a huge difference between a successful 1031 exchange vs. a failed exchange.Exchangors rarely realized that there is no regulatory body or governmental oversight of QIs. The industry is not licensed nor regulated. Did you know that few qualified intermediaries are actually licensed, regulated, audited or have any type of minimum equity capital requirements? This is a very scary fact when you look at the amount of 1031 exchange proceeds that a qualified intermediary is holding for taxpayers' 1031 exchange transactions. We have seen many tax deferred exchange qualified intermediaries go out of business over our 41+ year career in the like kind exchange industry, and most of these 1031 exchange failures would have been avoided had there been regulatory oversight and independent audits performed on the qualified intermediaries.Qualified intermediaries are a crucial part of any successful 1031 exchange and have three very important responsibilities. They prepare the documents to properly structure the investor’s 1031 exchange, work with the investor and their advisors to ensure a successful and compliant 1031 exchange transaction and – arguably – the most important responsibility – hold and protect the investors’ 1031 exchange funds.Investors should be diligent when evaluating and selecting a top rated Qualified Intermediary since they hold significant amounts of 1031 exchange funds. Regulatory Oversight Ensures Safety and SoundnessOversight by a regulatory agency or governmental body, such as a State Division of Banking, Department of Financial Institutions, Office of the Comptroller of the Currency or the Federal Reserve Board, ensures that the tax deferred exchange qualified intermediary is operating in a safe, sound and secure manner, which is important since they have such incredible amounts of fiduciary duties and responsibilities. Most tax deferred exchange qualified intermediary failures would have been prevented through proper governmental oversight and audit.Exeter Trust Company Exeter 1031 Exchange Services, LLC (Exeter1031™) deposits, holds and safeguards clients' tax deferred sxchange net proceeds in separate, segregated, dual-signature, restricted qualified trust accounts at Exeter Trust Company. Exeter Trust Company is licensed, regulated and audited by the Wyoming Division of Banking. Qualified Trust Accounts Protect Investors’ 1031 Exchange Net Proceeds (Equity) 1031 QIs should deposit, hold and safeguard all investors’ 1031 exchange net proceeds in separate, segregated, dual-signature, restricted qualified trust accounts (QTAs). The court ruled in the LandAmerica 1031 Exchange bankruptcy case that the like kind exchange proceeds were actually corporate funds subject to creditor claims since the funds were not held in a qualified escrow account as permitted by the Treasury Regulations and not client funds. Qualified escrow accounts classify delayed exchange funds as fiduciary (client) funds and not corporate funds in the event the qualified intermediary files for bankruptcy.Bonding, Insurance and Equity Capital Provide Financial Strength and StabilityQualified intermediaries’ should carry and maintain significant levels of fidelity bond, errors and omissions insurance, cyber fraud and wire transfer fraud insurance coverage in addition to substantial equity capital as an added and essential safety net against errors or losses in an exchange transaction. Investigate the exchange intermediary's methods, structures and processes used to track, monitor and protect investors' 1031 net proceeds through internal controls, checks and balances.NO Substitute for Experience and ExpertiseInvestors need more than just a transaction processor. They must be able to turn to a 1031 facilitator for advice and guidance on best practices in structuring and administering a tax deferred exchange transaction. Interview prospective intermediaries to ensure they have the technical depth, experience and expertise necessary due to the highly complex and technical nature of 1031 exchange transactions. Investors need knowledgeable support, so the QI should be consultative in nature and be willing to work with investors and their advisors to ensure a successful and compliant 1031 transaction.Exercising Diligence Affords ProtectionIt is not the size of the qualified intermediary that matters; its how they manage and control risk and protect the investors’ 1031. It is critical to understand the importance of licensed and regulated QIs, experience, expertise, internal controls and processes, quality measures, equity capitalization, and insurance. Bring this knowledge to bear to help investors successfully execute a 1031 Exchange transaction. Everyone will rest easier knowing the investors’ goals have been safely achieved.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Wyoming Division of Banking Grants Trust Company Charter to Exeter

Wed, 13 Mar 2019 23:22:44 -0700

Cheyenne, Wyoming--The Exeter Group, LLC announced that the Wyoming State Banking Board held its public hearing regarding the Application For Charter To Operate A State Trust Company for Exeter Trust Company (proposed, in formation) and that upon a unanimous vote the State of Wyoming Attorney General issued an Order granting a trust company charter to Exeter Trust Company, a Wyoming corporation (proposed, in formation). Licensed, Regulated, AuditedExeter Trust Company will be licensed, regulated and audited by the Wyoming Division of Banking and will be a wholly-owned subsidiary of The Exeter Group, LLC. Exeter Trust Company will place Exeter 1031 Exchange Services, LLC in the top 1% of safe, sound and secure 1031 Exchange Qualified Intermediaries. Clients' 1031 Exchange funds are now subject to governmental oversight. Separate, Segregated FundsClients' 1031 exchange funds will be deposited, held and safeguarded in separate, segregated, dual-signature, restricted Qualified Trust Accounts by Exeter Trust Company. This means that Exeter 1031 Exchange Services, LLC's clients will be protected by government oversight, which is critical in protecting clients' funds. You can read all of the related press releases here: Exeter News Wire.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Unraveling The Mystery of 1031 Exchanges

Tue, 04 Dec 2018 08:05:45 -0800

How many times have you asked a 1031 Exchange related question and received different answers? For example, you are told that you have to hold the property for at least 12 months in order to qualify for tax-deferred exchange treatment, but then someone else says no you must hold the property for at least one year and one day to be in compliance, and then yet another person says no you must actually hold the property for at least 24 months in order to be safe should you be audited. Who is right? Who is wrong? Why so many confusing and differing answers? Unraveling the Mystery of 1031 Exchanges is a FREE basic to intermediate level discussion on 1031 Exchanges that will help participants unravel the mystery of doing 1031 Exchanges. What is a 1031 Exchange? What are the advantages? How do you structure one? The discussion will include the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a 1031 Exchange, including the answer to the question How long must you hold title to your investment property in order to qualify for a 1031 Exchange. This is not just any webinar; it’s an online educational workshop where you can roll up your sleeves, learn and ask as many questions as you like.Learn more and register hereThis webinar will be presented by industry veteran Bill Exeter, Chief Executive Officer, Exeter 1031 Exchange Services, LLC (Exeter1031™). You can submit your questions to him in advance or you can ask questions throughout the live webinar. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Realtors Beware New California 1031 Exchange Reporting Requirements

Sat, 30 Aug 2014 18:04:54 -0700

California Issues Reporting Requirements for California 1031 Exchanges California real estate investors and Realtors need to be aware of new California Like-Kind Exchange reporting requirements. California's Franchise Tax Board released its newly designed FTB Form 3840 for reporting California like-Kind Exchange transactions. Exeter 1031 Exchange Services, LLC is advising its clients and their Realtors of new reporting requirements issued by the California Franchise Tax Board ("FTB") this summer. These new California 1031 Exchange reporting requirements impacts investors when they sell relinquished property located within the state of California borders and subsequently reinvest through a 1031 Exchange by acquiring replacement property located outside of the state of California. California Claw-Back Requirement The State of California has historically taken the position that any capital gain earned or accrued on California real estate is subject to California tax upon the ultimate sale of the real estate. This applies even if the investor sells the California real estate and subsequently 1031 Exchanges into investment property located outside of California. That is, they 1031 Exchange out of California real estate and into non-California real estate and then subsequently sell the replacement property at a later date and do not structure a subsequent 1031 Exchange transaction. California's position of taxing future capital gains resulting from the sale of non-California real estate has been nicknamed the "California Claw-Back Provision." However, there had not been any mechanism for tracking the subject real estate in order to enforce the California Claw-Back Provision – until now. California State Assembly Enacts Legislation The California State Assembly signed legislation into law that requires investors who complete a 1031 Exchange transaction by selling real estate within the borders of the state of California and subsequently buying real estate outside of the borders of the state of California as their replacement property to file an annual information return with the California Franchise Tax Board ("FTB"). Investors, each and every year following their 1031 Exchange out of the state of California, must file an information return on the California Like-Kind Exchange transaction. California Franchise Tax Board Issues FTB Form 3840 The new California FTB Form 3840 will be required for taxpayers who complete a 1031 Exchange any time after December 31, 2013, when they sell relinquished property located within the state of California and subsequently purchase replacement property located outside of the state of California. The new law applies to any 1031 Exchange transaction that closes in any tax year beginning on or after January 1, 2014.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Reverse 1031 Exchange Activity Up Significantly

Fri, 07 Feb 2014 07:25:08 -0800

There have been numerous articles published in various media outlets over the past few calendar quarters discussing the fact that 1031 Exchange transaction volume is way up. We have certainly experienced the same thing in our 1031 Exchange operation - 1031 Exchange volume has exploded over the last 12 months - and the trend line (pipeline) continues to look very strong indeed. Reverse 1031 Exchange Volume Significantly Up An underlying trend that we noticed as we analyzed our 1031 Exchange transaction detail was that Reverse 1031 Exchange activity had not only increased as well, but had increased significantly more than regular Forward 1031 Exchanges on a percentage basis. This substantial increase in Reverse 1031 Exchange activity is certainly not surprising when one looks at the underlying real estate market fundamentals today. The real estate market velocity has been crazy. Investors are experiencing multiple offers and bidding situations in many markets. This makes a regular Forward 1031 Exchange stressful. Forward 1031 Exchange Market Risks Forward 1031 Exchanges mean that an investor sells his or her relinquished property first and then they have 45 calendar days to identify their replacement property and 180 calendar days, includng the initial 45 days, to acquire and close on the replacement property. The challenge is that once the sale of the relinquished property closes the taxable gains have been triggered. The investor must identify and acquire/close on the replacement property in order to defer the payment of their capital gain taxes. If they can't identify and acquire/close on the replacement property then the 1031 Exchange fails and they must recognize their taxable gains. (Read Year-End Tax Planning When a 1031 Exchange Fails). Investors Minimize Market Risk With Reverse Exchange This explains why the Reverse 1031 Exchange transaction volume has risen as significantly as it has over the past 12 months. The Reverse Exchange gives an investor the ability to take all the time they want to locate and acquire suitable replacement property, including doing their due diligence, before they sell their relinquished property. Investors can eliminate the risk involved in a Forward 1031 Exchange (i.e. the 45 calendar day identification period) because they actually acquire and close on their replacement property first so there is no risk that they will not be able to located, identify and acquire the replacement proeprty within the deadlines.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

BREAKING NEWS: Brenda Doolittle Joins Exeter 1031 Exchange Services

Sun, 25 Aug 2013 08:30:29 -0700

May 23, 2013--San Diego, California--Exeter 1031 Exchange Services, LLC announced today that Brenda Doolittle has joined Exeter Tax Deferred Solutions, a Division of The Exeter Group, LLC, which includes Exeter 1031 Exchange Services, LLC, Exeter Fiduciary Services, LLC and Exeter IRA Services, LLC, as an Executive Assistant. Brenda Doolittle will provide administrative support services to the executive management team of Exeter Tax Deferred Solutions. Mrs. Doolittle will report directly to William L. Exeter, President and Chief Executive Officer, The Exeter Group, LLC. "We are very excited to have Brenda Doolittle join our team of professionals. Brenda brings exceptional client service, administration, and organizational skills to Exeter Tax Deferred Solutions," said William L. Exeter. Click here to read the full press release. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Roberto Romero-Perez Joins Exeter 1031 Exchange Services, LLC in Chicago, IL

Sun, 12 Feb 2012 17:13:04 -0800

San Diego, California--Exeter 1031 Exchange Services, LLC announced today that Roberto M. Romero-Perez joined its 1031 Exchange Services Group as a Senior 1031 Exchange Consultant. Roberto M. Romero-Perez is based in his Chicago, Illinois Affiliate Office. Roberto M. Romero-Perez is a licensed attorney in Illinois with more than 20 years of professional experience in the field of 1031 Exchanges, real estate, estate planning and financial services analysis and operations. He formerly served as an in-house attorney for Investment Property Exchange Services, Inc. (IPX1031) where he structured complex 1031 Exchange transactions, including real and personal property tax-deferred exchange transactions, and presented continuing professional education courses for accountants, attorneys, financial planners, and real estate professionals. "Roberto M. Romero-Perez is a tremendous addition to our ever expanding team of 1031 Exchange professionals and our ever growing 1031 exchange national branch and affiliate offices network. Roberto M. Romero-Perez has exceptional technical knowledge and expertise in 1031 Exchanges and can assist clients with the more complex 1031 Exchange transactions. And, Roberto's ability to present this complex subject to clients and their advisors will be a huge part of our continued growth and success in the Midwest region, especially in the Chicago, Illinois area" said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC. Read the complete press release here. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Introduction to Reverse Exchanges Webinar

Sun, 12 Feb 2012 16:51:21 -0800

Today's rapidly evolving real estate market has lots of investment opportunities available for the real estate investor, but they must move quickly to take advantage of the investment opportunities (or lose them). What happens when they are not able to sell their existing investment property in time to take advantage of the current investment opportunity through a 1031 Exchange? Learn how you can save your real estate transaction with a Reverse Exchange. This Reverse Exchange webinar will be presented by William L. Exeter, President/CEO, Exeter Reverse 1031 Exchange Services, LLC. Mr. Exeter is a renowned real estate tax strategist specializing in 1031 and 1033 Exchanges and has over 28 years experience and expertise in structuring Reverse Exchange transactions. Join Mr. Exeter for this Reverse Exchange webinar and see if it can help you and your clients close on more real estate transactions. >>>>Register Now<<<< This Reverse Exchange webinar will help you understand: What is a Reverse Exchange? How will the Reverse Exchange benefit me and my client?How do I structure a Reverse Exchange?What do I need to know and watchout for in a Reverse Exchange?Reverse Exchange strategies, structures, compliance requirements, and much more Learn how your client can buy real estate first and then worry about selling the current investment property later as part of a Reverse Exchange. This webinar will discuss the requirements, structures, processes, strategies, and compliance issues necessary to successfully complete a Reverse Exchange transaction. >>>>Register Now<<<< William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

1031 Exchange Basic Webinar by Bill Exeter - Listen On Demand Now

Sun, 12 Feb 2012 16:28:56 -0800

William L. Exeter, President/CEO, Exeter 1031 Exchange Services, LLC has over 30 years experience in the fiduciary, trust and banking services industry. Mr. Exeter is a renowned real estate tax strategist specializing in 1031 and 1033 Exchanges and Self-Directed IRAs. Mr. Exeter joins Silver Stream Advisors’ President Gregg Wood to bring you a brief educational presentation on buying real estate using 1031 Exchange strategies. Mr. Exeter will provide you a greater understanding of what 1031 Exchanges are all about and how to invest using 1031 Exchanges, including the requirements and compliance issues to think about. Mr. Wood will discuss how Silver Stream Advisors’ trademarked Real Estate Money Machine™ investment model will grow your retirement and take advantage of the incredible investment opportunity in real estate. Both Mr. Exeter and Mr. Wood are committed to providing investors the highest levels of experience, expertise and security of funds in the real estate industry. Join us for this on demand 1031 Exchange webinar. >>>>Watch Now<<<< This webinar will teach you: What a 1031 exchange is How to sell & reinvest using a 1031 exchange 1031 exchange strategies and requirements How to regain control of your retirement using Silver Stream Advisors investment opportunities Tax strategies of the wealthy For those prepared with the right tools, there has never been a better time to invest in real estate. Learn the secrets of the rich to control their financial future. We look forward to seeing you there. >>>>Watch Now<<<< William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Disadvantages of the Structured Sale Strategy

Tue, 26 Jul 2011 13:58:09 -0700

I posted an article last week regarding the Structured Sale tax deferral strategy. I received a number of private emails requesting more information, including more information about the potential downside and/or disadvantages of implementing a Structured Sale strategy. These are great questions, of course, and an important part of your due diligence process. Disadvantages of the Structured Sale Strategy The first (and major) disadvantage is that the Internal Revenue Service has not issued any guidance or rulings related to the Structured Sale at this point in time. The second is that Structured Sales are drafted pursuant to Section 453 of the Internal Revenue Code, which means that certain types of depreciation recapture are not deferred. Essentially, excess depreciation taken over the straight line method of depreciation cannot be deferred and would be taxed in the year the real estate was sold. This is just like an installment sale note or seller carry back note would be taxed. Finally, any amount of mortgage pay-off in excess of your adjusted cost basis ("mortgage over basis") can not be deferred. Other Miscellaneous Disadvantages The Structured Sale is a more complicated income tax structure than with other income tax planning strategies such as the 1031 exchange. Taxpayers using the Structured Sale must follow the specific requirements imposed by Section 453 of the Treasury Regulations. Fees to structure the Structured Sale are often much higher than other income tax planning strategies such as a 1031 exchange. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Roberto M. Romero-Perez Joins Exeter 1031 Exchange Services, LLC

Sun, 15 May 2011 17:13:05 -0700

Exeter 1031 Exchange Services, LLC announced today that Roberto M. Romero-Perez joined its 1031 Exchange Services Group as a Senior 1031 Exchange Consultant. Roberto M. Romero-Perez is based in his Chicago, Illinois Affiliate Office. Roberto M. Romero-Perez is a licensed attorney in Illinois with more than 20 years of professional experience in the field of 1031 Exchanges, real estate, estate planning and financial services analysis and operations. He formerly served as an in-house attorney for Investment Property Exchange Services, Inc. (IPX1031) where he structured complex 1031 Exchange transactions, including real and personal property tax-deferred exchange transactions, and presented continuing professional education courses for accountants, attorneys, financial planners, and real estate professionals. "Roberto M. Romero-Perez is a tremendous addition to our ever expanding team of 1031 Exchange professionals and our ever growing 1031 exchange national branch and affiliate offices network. Roberto M. Romero-Perez has exceptional technical knowledge and expertise in 1031 Exchanges and can assist clients with the more complex 1031 Exchange transactions. And, Roberto's ability to present this complex subject to clients and their advisors will be a huge part of our continued growth and success in the Midwest region, especially in the Chicago, Illinois area" said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

Tax Benefits of Investing in GO Zone Real Estate

Wed, 27 Apr 2011 13:41:25 -0700

Go To Webinar Registrations Are Required Click here to register for this GO Zone Investment Tax Savings webinar. Real estate investors often defer payment of their capital gain and depreciation recapture taxes through a 1031 Exchange. The more difficult decision is what, where and how to buy replacement properties during these challenging times. You might want to consider taking advantage of available tax incentives by investing in the GO Zone. Gulf Opportunity Zone Act of 2005 ("GO Zone") The passage of the Gulf Opportunity Zone Act of 2005, and the subsequent extension passed in 2010, provides investors with significant tax benefits, including bonus depreciation, for real estate acquired within the GO Zone designated areas. "Learn About Bonus Depreciation by Investing in GO Zone Properties" Learn how you can receive bonus depreciation, rehabilitation credit and demolition deductions by investing in real estate located within the GO Zone. Understand the how and why of the Gulf Opportunity Zone Act of 2005. Learn how you can 1031 Exchange into GO Zone investment properties. Hear how the Hanover Companies can help you invest throughout the GO Zone territory with their GO Zone Real Estate Opportunities. The Gulf Opportunity Zone Act of 2005 (H.R. Bill 4440 was passed by Congress on December 16, 2005, and was signed into law by President Bush on December 21, 2005), and further extended in 2010, set in place certain income tax incentives and bond provisions that are designed to help rebuild the local and regional economies that were devastated by hurricanes Katrina and Rita. This stimulus Act is most commonly referred to as the "GO Zone Act." Exeter 1031 Exchange Services, LLC is pleased to have The Hanover Companies present their webinar on GO Zone investment opportunities as part of The Exeter EdgeTM Webinar Series. The Hanover Companies have been investing in and developing real estate for over 40 years, and have been active in GO Zone investing from the beginning. Who Should Attend This Webinar? Anyone interested in learning more about the tax benefits such as bonus depreciation available to investors by investing in real estate within the GO Zone should attend this webinar, including investment property owners (taxpayers/investors), accountants, attorneys, financial planners and real estate agents and brokers (Realtors©). Host William L. ExeterPresident and Chief Executive OfficerExeter 1031 Exchange Services, LLC Presenter Brett ImmelSenior PartnerHanover CompaniesChicago Office Date and Time Wednesday, April 27, 20116:00 PM to 7:00 PM PDTPlease login at least five (5) minutes prior to start time Go To Webinar Registrations Are Required Click here to register for this GO Zone Investment Tax Benefits webinar.William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

The 2011 Pasadena Economic Symposium for Weathly Investors on Saturday, April 30, 2011

Sun, 24 Apr 2011 08:16:01 -0700

Experience an incredible eight hours exploring the latest in investment opportunities, insights into what may be the future of the financial markets and our country, strategies to potentially reduce taxes and increase cash flow, and much, much more. Over fourteen (14) speakers will cover topics such as: Keynote Speaker: Which Way is Our Economy Really Headed Using self-directed IRAs to buy real estate and real estate related assets Acquire real estate confidentially and privately through Land Trusts Exchange traded funds (ETFs) The benefits of demographic investing 7 legal ways to reduce your tax bill Estate taxes in 2011 and beyond Creative real estate strategies for today's real estate market Enhanced strategies for investing in multi-family real estate Long-term care High dividend quality stock strategy Seeking cash flow & cash flow alternatives Long term cash flow with sale-leasebacks and more, much more... There is no charge to attend the symposium. The hotel charges $12.00 for parking. The Pasadena Economic SymposiumWilliam L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750

The 1031 Exchange Group on LinkedIN

Wed, 16 Mar 2011 08:18:56 -0700

We set-up The 1031 Exchange Group on LinkedIN specifically to help investors, their advisors and other real estate related professionals share ideas, strategies, problems, solutions, failures and successes with each other. You are invited to join if you have any interest in the 1031 Exchange industry. This is an educational forum designed to help investors. It is not a forum to promote services, products or offerings or real estate listings. William L. Exeter Chief Executive Officer EXETER 1031 Exchange Services, LLC - (619) 239-3091 Exeter Trust Company - (307) 222-8750