The Security of Your Exchange Funds
For many years, Qualified Intermediaries commingled the exchange proceeds of their Exchangers and provided
for the sub-accounting of individual Exchanger balances on their own books. Over time, as banking software
became more sophisticated, it was possible to set up individual accounts for the bene.t of Exchangers (FBO),
however the accounts were always in the name of the Qualified Intermediary and never required the approval of
the Exchanger to transfer and exchange funds.
Our Unique Approach to Funds Security
By now, it is obvious that we’ve tried our best to build the most secure and most transparent value proposition for
Exchangers.
We’ve done this by encouraging:
Separate, restricted trust accounts in the name and tax identi.cation number of each Exchanger
Every exchange is processed within a fully encrypted facilitation environment
Exchangers can interact with their documents and trust account activity 24/7 in our Portal
If necessary, Exchangers may opt for a Qualified Escrow Account for a modest charge
Disbursements require the explicit written approval of each Exchanger before any funds are wired
Documentation is expedited so any Exchanger approval is ready for e-signature within an hour
The Power of Your 24/7 Account Access
In today's digital age, having access to financial information at any time is imperative.
Timely Updates -
24/7 account access empowers Exchangers to monitor their 1031 exchange accounts in real
time. This ensures that they remain informed about the status of their funds and eliminates any unexpected
surprises.
Rapid Decision Making –
in the real estate world, property contracts can move at light speed. With
around-the-clock access, investors and Exchangers can respond promptly to opportunities, ensuring they seize
ideal replacement properties without hesitation.
Effortless Oversight -
Continuous access to account information allows Exchangers to oversee the progress
of their 1031 exchange effortlessly. This is particularly beneficial when managing multiple investments or
properties within the exchange.
This standard now represents the safest method for having your funds on deposit with any Qualified
Intermediary.
