1031 Exchange Accommodators
Small-firm agility & attention.
Defer paying capital gains tax to maximize your Above ground real estate and Below ground oil, gas and mineral rights investment returns.
Qualified Intermediary Services
The use of a Qualified Intermediary, or Exchange Accommodator, is required, in most circumstances, to facilitate a 1031 tax-deferred exchange as stated in Treasury Regulation §1031.1031(k)-1(g)(4)(iii).
Above & Below 1031, LLC:
=> Coordinates with the taxpayer’s tax advisor and/or attorney and provides the necessary documents to ensure that the 1031 exchange is carried out in accordance with all rules and regulations.
=> Facilitates the sale of the relinquished property to the buyer, as well as the purchase of the replacement property from the seller.
=> Holds and protects exchange funds on behalf of the taxpayer to avoid receipt of sales proceeds that would otherwise be subject to capital gains tax.
=> Provides information and guidance to the taxpayer, and their other advisors, as needed, and ensures the adherence to the strict timelines required for a successful 1031 tax-deferred exchange.
deserve extraordinary care.
We assist in exchange transactions starting at $1 million that involve...
That We Service
An exchange in which the tax payer sells the relinquished property before purchasing the replacement property. A Qualified Intermediary (QI)must be identified and in agreement with the taxpayer before the sale of the relinquished property. The QI holds the proceeds throughout the exchange process until it is time to use the funds to purchase the replacement property.
An exchange in which there is no interval of time between the two closings. The relinquished property and the replacement property both close on the same day, typically back-to-back.
An exchange in which the taxpayer purchases the replacement property before the relinquished property is sold. The QI will generally take title to the replacement property and hold it until the taxpayer sells the relinquished property under an exchange agreement with the QI. The QI lays title to the taxpayer for the replacement property upon the closing of the relinquished property.
~We work with an affiliate QI to service this type of an exchange.
Commercial Real Estate
Reverse Exchange fees*
The complete cost is assessed on a
Contact us for a quote.
Delayed & Simultaneous Exchange Fee*
Base fee starts at $950 and includes 1 relinquished and 1 replacement property.
Each additional property: $250
Rush fee: $250
Cancellation fee: $250
Above & Below 1031, LLC...
- Securely holds your funds in segregated accounts.
- Can provide monthly account statements and running blance updates.
- Gives you a single point of contact throughout your delayed or simultaneous exchange.
- Only provides intermediary services for exchange transactions that are over $1 million to better serve our clients.
- Offers specialized and diligent client support.