1031 EXCHANGE SERVICES
Menlo 1031 provides clients access to streamlined 1031 exchange services. We offer clients a seamless experience supported by Exchange Manager Pro℠, the innovative 1031 exchange workflow technology, and one of the nation’s leading Qualified Intermediaries. With Menlo 1031, you will enjoy a transparent and efficient 1031 exchange transaction process while keeping all your commercial real estate needs conveniently under one roof.
WHY CHOOSE MENLO 1031?
In-House Coordination: Our team helps coordinate your 1031 exchange, which reduces friction and enhances efficiency at every step.
Software Workflow: 1031 exchanges are facilitated using 1031 software Exchange Manager Pro℠. This patented technology keeps clients and advisors informed of transaction timelines, available funds and other crucial details about your exchange.
1031 Exchange Expertise: Through Menlo 1031, gain access to a network of Subject Matter Expert Attorneys and Certified Exchange Specialists® (CES®) whose extensive knowledge will help you successfully navigate the intricacies of 1031 exchanges.
WHAT IS A 1031 EXCHANGE?
A 1031 exchange is a tax deferral strategy that empowers sellers of qualifying real property to defer taxes on their transactions. By reinvesting the proceeds from the sale into other qualifying real property, sellers can defer taxes on Capital Gains, Depreciation Recapture, and Net Investment Income Tax. A Qualified Intermediary can ensure you adhere to all the requirements.
WHAT IS THE ROLE OF A QUALIFIED INTERMEDIARY?
A Qualified Intermediary (QI) is your key to a valid and IRS-compliant 1031 exchange. Here's how:
Smooth Transfer: A QI acquires the relinquished property from the exchanger and seamlessly transfers it to the buyer.
Funds Protection: QIs ensure the exchanger won’t have access to the funds from the relinquished property sale, adhering to IRS regulations.
Replacement Property Transition: QIs handle the acquisition of the replacement property from the seller and facilitate its transfer to the exchanger.
IRC 1031 Adherence: The expertise of the QI ensures the exchange is meticulously structured in line with IRC 1031 requirements.
Documentation: From paperwork to legalities, the QI prepares all essential documentation for a smooth exchange.
Ongoing Compliance: Throughout the exchange, the QI monitors and guides the exchanger to ensure compliance is maintained throughout the exchange.