Commercial property sellers seeking tax relief from capital gain taxes on the sale of their investment property can rely on CB Richard Ellis, Inc. and its strategic alliance preferred provider for tax deferred exchange Qualified Intermediary services, Investment Property Exchange Services, Inc., to achieve these objectives. CB Richard Ellis, Inc. and Investment Property Exchange Services, Inc. (IPX1031) have entered into a very special strategic marketing alliance in which IPX1031 has licensed the trademark name of CB Richard Ellis 1031 Exchange Services (CBRE1031) to provide the commercial property clients of CB Richard Ellis real estate professionals with tax deferred exchange consultation and educational services. Then, when the client chooses to complete an exchange under IRC Section 1031, the Qualified Intermediary services are provided by IPX1031 to eliminate any possible disqualified party issues regarding CB Richard Ellis, Inc.
With a national network of attorney-managed regional processing offices CBRE1031/IPX1031 can provide an unparalleled professional team of exchange professionals with substantial expertise in structuring even the most challenging commercial real property exchange transactions. Everyone at CBRE1031/IPX1031 is committed to providing unsurpassed service to its clients. As the Qualified Intermediary, IPX1031, is experienced in facilitating all types of real and personal property exchange variations, including: delayed, simultaneous, foreclosure and work-out exchanges and, in addition, IPX1031 is the only Qualified Intermediary with a specialised division that handles safe harbor reverse and improvement exchanges.
IPX1031 facilitates thousands of exchange transactions every year. To ensure the respect and confidence of the most discerning global clientele, IPX1031 offers the highest level of security in the industry on the client's exchange funds. IPX1031 is a subsidiary of Fidelity National Financial, Inc., which is listed on the prestigious NYSE as "FNF", and is the largest provider of title insurance and diversified real estate-related services. FNF offers the size and financial strength necessary to ensure the security of the exchange funds by providing a written guarantee through Chicago Title and Trust Company and a $100 million fidelity bond.
While CBRE1031 and IPX1031 do not replace the role of the client's legal and tax advisors, CBRE1031 is available to assist investors with the general requirements of the exchange process and IPX1031 is available to act as the Qualified Intermediary to ensure the success of the exchange by generating the exchange documentation, creating the necessary reciprocal transfer of properties and protecting the exchange proceeds from the client's actual or constructive receipt. From the initial exchange consultation to the completion of the exchange, CBRE1031 and IPX1031 are committed to being the primary resource for exchange solutions and transaction management for CB Richard Ellis, Inc. and its commercial clients.
The senior staff of CBRE1031/IPX1031 has a combined 80 years of experience working with investment property transactions. In addition to being utilized as a valuable educational resource for many of the most respected real estate and related associations and firms throughout the country, the CBRE1031/IPX1031 staff of trained professionals regularly conducts accredited exchange courses in many states. As a member of the Federation of Exchange Accommodators, an industry-wide trade association representing over 250 Qualified Intermediaries throughout the nation, IPX1031 continually participates in new developments and legislation regarding tax deferred exchanges.
For more information regarding exchanges and the Qualified Intermediary services offered by IPX1031, please visit the web site at http://www.ipx1031.com/.
CB Richard Ellis 1031 Exchange Services and Investment Property Exchange Services, Inc. cannot provide advice regarding specific tax consequences. Commercial property investors considering an IRC Section 1031 tax deferred exchange should seek the counsel of their accountant and attorney to obtain professional advice. |