Tax deferred exchanging is an investment strategy that should be considered by anyone owning investment real estate.
Those involved with advising or counseling real estate investors, including real estate agents, lawyers, accountants, financial planners, enrolled agents, tax advisers, escrow and closing agents, and lenders, should know about tax deferred exchanging.
When selecting a Qualified Intermediary, the two most critical factors for evaluation are: competency of staff and safety and security of exchange funds. Over the past 20 years, we have handled over 900 exchanges, ranging from simple two-party swap exchanges to complex reverse construction exchanges and personal property exchanges. All exchange funds are held in segregated FDIC insured accounts with the banks chosen by the taxpayer/exchangor, not the exchange company. We do not pool or commingle exchange funds into investment portfolios. We also carry $2,000,000 in Errors and Omissions Insurance on each exchange.
When you choose West Michigan Exchange Services as your qualified Intermediary, you can be confident that your exchange will be handled expertly and that your funds will be safe, secure and available when needed.
Click the below doc button for our 1031 Exchange Information Booklet