The sale of business assets can generate significant funds, which must be protected in order to fully recognize the value of those assets. Investment Property Exchange Services (Ipx 1031 Exchange) provides this service. The transfer of these assets and the maximization of the value of the assets requires highly qualified and experienced professional.
IPX is a nationwide property exchange service company that has more than 35 regional offices, 14 regional processing centers managed by attorneys and 24 regional sales offices. The company offers 26 regional attorneys, experienced in all types of real estate and personal property exchanges.
Becoming a client of IPX entails enjoying access to a large staff of exchange professional, many of which are attorneys. In fact, about one-third of IPX exchange professionals are attorneys that work with clients and their tax advisors to ensure asset values are properly maximized during the exchange of property.
The types of exchanges available through IPX include: Delayed (“Starker”) Exchanges, Simultaneous Exchanges, Build-to-Suit Parking Transactions, Reverse Parking Transactions, Multiple Asset and Mass Asset Exchanges and Workout/Foreclosure Exchanges.
Backed by Fidelity National Title
IPX is a subsidiary of Fidelity National Financial Inc, a leading provider of title insurance, specialty insurance, claims management, information services and other real estate related services. According to its literature, FNF is the nation’s largest provider of title insurance through its title insurance underwriters: Fidelity National Title, Chicago Title, Commonwealth Land Title, Lawyers Title, Ticor Title, Security Union Title and Alamo Title.
The company says that “a key element of any solid business plan is the protection of assets. Minimizing your tax liabilities in addition to other operating expenses is equally as important as maximizing your revenues. Prudent businesses protect their hard-earned assets by engaging the services of a professional Qualified Intermediary to facilitate the use of a tax deferred exchange to defer the taxes on the replacement of their business assets.”
Funds guaranteed to $100 million
The company guarantees the security of funds with a $100 million fidelity bond, and a third-party written guarantee. They also hold $30 million in errors and omissions professional liability coverage.
IPX performs real estate exchanges, personal property exchanges, aircraft exchanges, multiple asset exchange services, reverse and improvement exchange services.
The company’s website offers a wide variety of educational materials, including dozens of articles on various topics related to 1031 exchanges. These articles range in topic from general overviews to those more focused on some of the final details of these exchanges, such as Closing Costs, Refinancing Before and After Exchanges, and Vesting Issues.
They have also developed a comprehensive suite of 1031 informational booklets. There are also useful calculators on the site, which will help determine the financial implications of a 1031 exchange.
1031 Exchange Accommodators Play a Critical Role in Asset Exchanges
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