Common questions asked in the evaluation cycle of 1031 exchange services provided by 1031 exchange companies are "Why should I engage Atlas 1031 Exchange?" and "What are the benefits of using 1031 exchange services provided by Atlas 1031 Exchange?"
- Accommodating 1031 exchanges is our sole focus. We have facilitated over 500 individual and corporate exchanges, consulting hundreds more and teaching state approved continuing education 1031 exchange classes for CPAs, Attorneys, Title Companies, Realtors and Brokers in Indiana, Florida and Texas.
- Earned in 2006, the Certified Exchange Specialist® designation requires three years of prior 1031 exchange consultation experience to qualify as a candidate, pass a rigorous board level exam, maintain twenty hours of continuing education on relevant 1031 tax exchange issues every two years and annually promise to "act in a manner to preserve the trust and confidence of the Taxpayer," among other tenets of an Ethics Policy or face censorship and expulsion from the Federation of Exchange Accommodators (FEA).
- Secure, Good Fund Law procedures hold 1031 exchange proceeds in segregated, interest bearing, FDIC insured, or non interest (for large deposits with intent to protect principle) liquid accounts requiring either a personal identification number known only to the Taxpayer and bank or Qualified Escrow Account requiring dual signatures. Exchange funds are not the assets of Atlas 1031 Exchange and is stated in the Exchange Agreement.
- Demonstrated expertise with over 500 simple and complex forward and reverse 1031 exchanges representing over $447 million of real and personal property value and $22 million in tax deferrals.
- A summary of primary 1031 exchange documents and HUD settlement statements is forwarded to Taxpayer and designated accountant following each 1031 tax exchange to assist with preparation of Internal Revenue Service Form 8824.
- We maintain a $250,000 Errors and Omissions Policy.
- One contact from initial discussion to brief exit interview upon conclusion of each 1031 exchange.
- Readily accessible including weekends for questions and consultations.
- Financially stable and secure, member in good standing with the FEA and respective Ethics Policy.
- Subject to annual criminal background check by the FEA.
- Flexible and will provide plan of action to fit your situation.
- Available to meet personally.