SOME TIMELY IMPROVEMENTS
TO THE 1031 DELAYED EXCHANGE.

At Nationwide Exchange Services, we never underestimate the importance of time in a 1031 Delayed Exchange. That’s because even though it’s called a “Delayed Exchange,” everything must be conducted in a timely fashion in order to help ensure success. We’ve taken this simple fact and turned it into a fundamental building block for the way we facilitate a smooth, efficient and successful 1031 Delayed Exchange. It’s all part of our commitment to setting new standards of performance for the Qualified Intermediary industry, and to providing our clients with the very best available in terms of expertise, agility, security and accuracy.

A Delayed Exchange represents a simple, strategic method for selling one qualified property and the subsequent acquisition of another property within a specific time frame for the deferral of capital gain taxes. Indeed, any property owner should consider a Delayed Exchange for the sale of their existing property. To do otherwise would necessitate the payment of capital gain taxes in amounts that can exceed 20–30%, depending on the appropriate combined federal and state tax rates. In other words, when purchasing Replacement Property without the benefit of a Delayed Exchange, your buying power is dramatically reduced and represents only 70–80% of what it did previously.

There are two basic aspects to a Delayed Exchange. First, the purchase price of the Replacement Property must be equal to or greater than the sales price of the Relinquished Property. Secondly, all equity received from the sale of the Relinquished Property must be used to acquire the Replacement Property.

THE NES DIFFERENCE

Round-the-clock customer service
Starting from Day One, you can count on us to do everything we can, through every single step of the process, to provide a smooth, efficient and successful transaction. An Exchange Officer who is fluent in legal, tax and exchange matters will be assigned specifically to your transaction, and will be accessible via phone, email or fax.

Your NES Exchange Officer will:

• Quickly set up your account.
• Gather all the right data and generate the necessary exchange documents.
• Closely monitor and manage the timing of events and flow of documents to ensure a valid exchange.
• Advise you on all the actions and costs necessary.
• Assist you with timely notifications on key issues and
  deadlines.

Timely preparation
We take pride in the pace at which we can successfully expedite your exchange even while addressing a comprehensive set of documents and transactional processes in a thorough and detail-oriented manner. Our automated systems use advanced and proven document management and business process technology. This means we can respond very quickly without missing any details. For example, we guarantee a one-hour turnaround time on any type of form or documentation for a Delayed Exchange. So, you can call us even at the last minute if you have to, and still be assured of the same high levels of accuracy and service.

To make it easier for our clients, we employ a reasonable fee structure that’s clear-cut and consistent. $750 for a Delayed Exchange (which includes one Relinquished Property and one Replacement Property) and a fee of $200 for each additional Replacement Property.

24/7 access to account information
Transparency of your exchange funds — a support feature that few Qualified Intermediaries provide. Online access to your NES account is assured with utmost privacy and security, so your transactions are protected even while they’re clearly visible to you. Our robust leading-edge back-end processes and technologies adhere to the most stringent security standards to ensure that your sensitive data is always transmitted with absolute safety. State-of-the-art encryption offers maximum protection from unauthorized access to your account information as it travels over the Internet.

Time-honored assurance
A nationally recognized public CPA firm has audited our processes, which have been proven through tens of thousands of successful Delayed Exchanges, for compliance and controls. In fact, we have received an unqualified SAS 70 Type II opinion concerning the effectiveness of the controls we’ve put in place. Moreover, we strictly adhere to the privacy requirements of a number of critically important federal statutes as they relate to the protection and retention of financial and personal information.

The exchange funds entrusted to NES are placed in secure banks required to be members of the FDIC. To further safeguard these funds, we provide a protection program featuring a comprehensive Fidelity Bond and Errors and Omissions insurance policy for each account.

Exchange funds are never commingled with our operating funds. What’s more, they are invested in sound and proven financial instruments, with minimal risk and 100% liquidity. Interest is paid at competitive rates.

Adding to all this assurance is the fact that Nationwide Exchange Services is a respected member of the Federation of Exchange Accommodators (FEA), the only national trade association organized to represent professionals who conduct like-kind exchanges.

More timely support
We collaborate with leading partners in key industries who can offer top-notch legal, tax, real estate and financial support. These connections are invaluable not only because they are leaders in their respective fields, but also because we have a long-standing history of doing business with them in an environment of openness and trust, with a like-minded code of practices and philosophies. Should you be in need of consultants or asset brokers, we will gladly make the necessary introductions.

A history of success
For over a decade, NES has successfully conducted tens of thousands of 1031 exchange transactions for individual investors and businesses, from the West Coast to the East Coast, in categories that range from corporate jets to beachfront property.

Learn more about Delayed Exchanges.
Click here to download a brochure in pdf format.