Imagine selling trade, business or investment property, or even land, acquiring new real estate of any type and possibly deferring all federal capital gains tax, depreciation recapture tax, and, and in some states, the state capital gains tax. Many investors are profiting every day simply by using the exchange process.
Eastern 1031 makes Starting an Exchange a simple process using simple straight forward language. Eastern 1031, as your Qualified Intermediary, will guide you every step of the way, from preparing instructions for the firm holding settlement of your Relinquished Property (property exchanger wishes to sell) through settlement of the Replacement Property or Properties to complete your exchange. Eastern 1031's experience will guide you through a successful exchange with no out of pocket expenses, and no hidden fees.
- Monday through Saturday from 9 AM to 9 PM
- Free Consultations
- Toll Free Calls To Counselors
- Same Day Document Preparation Available
- Individual FDIC Insured Escrow Accounts for Each Exchanger
- Member of the Better Business Bureau
- Bonded and Insured
- A Non Reinvesting Company
What is different about us?
Eastern 1031 is smaller than some of the big companies; therefore, we can give you and your exchange personal attention.
Eastern 1031 provides instructions to your closing agent and we call them to be sure they are clear on how to prepare your HUD I (Housing and Urban Development) Settlement Statement.
Eastern 1031 provides all parties related to the exchange copies of the documentation for their review; Real Estate Agent, Attorney, Accountant and Closing Agent.
Eastern 1031 respects your privacy, we do not sell your information to anyone everything stays in house and we will not provide information on you or your exchange to any unrelated party without your permission.
Eastern 1031 will not disclose the amount in your exchange escrow account to anyone not involved in your exchange, without your permission.
Eastern 1031 opens Individual Escrow Accounts at N.A./WELLS FARGO, an FDIC Insured Bank, immediately after receiving your escrow funds from the closing.
Eastern 1031 monitors the days elapsed after the settlement of the Relinquished Property, and if you are getting close to the end of your 45 day identification period or the end of your 180 day exchange period, we will call you and let you know.
Eastern 1031 is available Monday through Saturday, from 9am until 9pm E.S.T. Our professional staff is always ready and available to help you in any way possible!
Eastern 1031 is a member of the Better Business Bureau. We are in our 20th year as Qualified Intermediaries performing 1031 tax deferred exchanges.