The right 1031 qualified intermediary can make a significant difference in the execution and safety of your 1031 Exchange. Citywide Exchange is here to assist you through each step of your 1031 exchange. First, we will consult with you on how best to structure your exchange – always considering your unique situation. Your 1031 exchange team will then coordinate all aspects of your exchange with your closing agent, as well as your attorney and CPA if appropriate. We will prepare all documents and manage the retention and disbursement of funds. We will document details of your exchange to meet all 1031 Exchange Rules set by the IRS and we keep you informed of all deadlines and critical points throughout the process.
Your 1031 exchange funds will be kept in a separate FDIC-insured* account at Citywide Banks.
We do not commingle your 1031 exchange funds. We establish a separate account with dual signature requirements for each client.
Online Account Access 24-7
Best of all, you’ll be able to view your account, online, 24x7.
Year-End Reporting
You will automatically receive the year-end documentation needed to report your exchange to the IRS. It will include copies of your documents, a tax worksheet and an instruction book that will walk you through the tax filing process. The regulations, court cases, and IRS rulings that apply to your exchange are ever-changing. Citywide Exchange stays up to the minute on new tax laws and directives. See how easy an exchange can be
with people who care about service.
Call 303-531-5769 to speak to a Citywide Exchange representative.
>> Read more about the 1031 exchange rules to comply with IRS
>> View recent articles about 1031 exchanges
>> Use this calculator to find out how much tax you can save with a 1031 exchange
*FDIC insurance coverage is subject to maximum allowable limits
