Equity Exchange Services, Inc.
Equity Exchange Services, Inc. (EESI) is a Qualified Intermediary under IRC Sec 1031. We provide intermediary services throughout the United States. EESI is a member of the Federation of Exchange Accommodators and has been handling 1031 exchanges since 1990.
What is a 1031 Exchange?
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What is a Section 1031 tax deferred exchange?
The 1031 tax deferred exchange is essentially trading one property for another to potentially defer (delay) the federal income tax – capital gains on the property. It could be considered an interest free loan from the government. Even if you sell this property in the future but continue to exchange (equal or higher values) then the tax can continue to be deferred. At the death of the taxpayer, the capital gain debt is forgiven.
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