Our Firm and Qualifications
1031 Corporation, headquartered in Longmont, Colorado, has been offering qualified intermediary services nationally since 1990. 1031 Corporation has been a leader in the development of like-kind exchange methodology and solutions and has assisted with thousands of successful tax-deferred exchanges. As a practicing CPA in Boulder County, Larry Jensen has consulted on 1031 exchange technology for over 25 years and is a tax professional in this area of practice.
Safety & Security
As a subsidiary of FirstBank, a commercial bank with over $12 billion in assets and over 115 locations in Colorado, Arizona, and California, you can be confident in the safety of your funds.
We are bonded and insured, maintaining a fidelity bond (pdf) of $25 million and professional liability insurance of $15 million, to provide increased confidence.
We maintain segregated bank accounts for each exchange to ensure security and safety of each client's trust funds.
Knowledge & Experience
We are experienced CPAs and tax professionals. We assist with exchange structuring and provide consultation throughout the exchange process. Our services include assisting with simultaneous and deferred exchanges in an efficient and thorough manner. We have the ability to handle complex exchanges involving an array of real and personal property.
We are Certified Exchange Specialists and members of the Federation Of Exchange Accommodators, a national association of professionals in the exchange business. As a member, we are held to a strong code of ethics. We are also able to stay current with instructional views on the latest IRS procedural rulings and current developments in 1031 exchange case tax law.
We are experienced with reverse exchanges and improvement exchanges and are able to take temporary title to replacement property in one of our single-purpose, titleholder entities until your exchange property sells or your replacement property construction is complete. We are able to assist with lender-related questions and concerns. Our titleholder fees are very competitive and our experience in handling complex exchange issues is unequaled.
Our experience includes -
- The ability to handle complex, multi-million dollar exchanges.
- The skills necessary to handle exchanges in all fifty states.
- Understanding the intricate issues involving equipment, aircraft, livestock and business assets.
- Years of knowledge handling the numerous details required to ensure a successful, tax-deferred exchange.
We work with realtors, attorneys, and tax professionals to provide exchange consultation, guidance, and preparation. With our services, you do not have to be a tax expert to be confident of a successful 1031 exchange for your client. We have the knowledge, training, expertise and documentation necessary to accomplish any tax-deferred exchange.
We appreciate clients who desire and expect assistance at the highest level of customer support and competence. We enjoy helping our clients and we are happy to answer any questions before, during, or after their exchange is complete.
Contact us today with any questions or to start your exchange process now.