As Your Qualified 1031 Exchange Intermediary We lead you through the following steps to successfully complete your exchange:
U.S. 1031 Exchange Services, Inc. is a corporation founded by Florida Bar Board Certified Real Estate Attorney, Jefferson F. Riddell, who has been assisting people with 1031 Exchanges for more than 35 years.
Also, because of this separate corporation arrangement, Mr. Riddell’s law firm is able to close the sale of relinquished properties and purchase of replacement properties in the Florida west coast area, and this is especially efficient and convenient since U.S. 1031 Exchange Services, Inc. operates out of the same office location as the law firm. The offices are located in the SunTrust Bank Building, 3400 S. Tamiami Trail, Sarasota, FL 34239.
Mr. Riddell will personally be available to answer all your questions before and throughout the exchange, and U.S. 1031 Exchange Services, Inc.’s fees are very competitive. In fact, we challenge you to find another full service Qualified 1031 Exchange Intermediary company whose fees are lower.
Any appreciated property or property which has a low basis because of depreciation write-offs which is held for investment or which is used in a trade or business is a candidate for 1031 Exchange treatment by reinvestment in “like kind” property (which means real estate for real estate).
Keeping all of your profits invested and working for you normally builds wealth faster than paying tax each time you change investments. Deferring taxes maximizes the leverage of your investments.