Who We Are
1031ExchangeTransactions.com
is the website of Ten Thirty One Exchange Transactions, Inc., a U.S. corporation based in Wellington, Florida.
Ten Thirty One Exchange Transactions, Inc. serves taxpayers nationwide as a qualified intermediary for Internal Revenue
Code Section 1031 "like-kind" property exchanges. Section 1031 states that "... No gain or loss shall be recognized
on the exchange of property held for productive use in a trade or business or for investment if such such property is
exchanged solely for property of like-kind which is to be held either for productive use in a trade or business
or for investment."
To qualify as a 1031 exchange, the taxpayer cannot have "constructive receipt" of the proceeds of the sale, and a
"qualified intermediary" is necessary. As a qualified intermediary, our role is to hold the proceeds of the sale and
to buy the replacement property on behalf of the taxpayer. We prepare all the documentation necessary to easily
understand the transaction and to clearly identify each party's role and responsibility.
Ten Thirty One Exchange Transactions, Inc. will work with you, your title company, real estate agent or broker, attorney
and/or tax advisor in order to assure a smooth transaction. We do not provide tax or legal advice, and encourage you to
seek the advice of tax and/or legal advisors in determining if a 1031 exchange is right for you.
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1031 EXCHANGES
