Safety
The safety of the clients’ exchange funds is of the highest priority. Rodeo 1031 Exchange only deposits exchange funds in standard bank money market accounts and never “invests” any of the exchange funds. All exchange funds are deposited in separate segregated money market escrow accounts and are never co- mingled. Each of the exchange escrow accounts is identified with the name of our clients and uses their taxpayer identification number.
Disbursement
Disbursement of exchange funds always requires written authorization and verbal confirmation. We also have the ability to use and prefer “dual signature escrow accounts” where the bank must receive withdrawal instructions directly from the client, as well as the qualified intermediary, in order for funds to be withdrawn. This complies with all lRC §1031 statutes and regulations and provides the highest level of security for our clients. The safety and security of funds is the highest priority.
Reliability & Communication
Our goal at Rodeo 1031 Exchange is to make communication easy and make our clients feel comfortable. At Rodeo 1031 Exchange we encourage our clients to contact us so that they feel confident and comfortable as they complete their 1031 transaction. We will be there through the whole exchange process while working closely with our client’s tax and real estate professionals.
*Rodeo 1031 Exchange is a qualified intermediary. Rodeo 1031 Exchange does not provide tax or legal advice, nor can we make any representations or warranties regarding the tax consequences of your exchange transaction. Property owners must consult their tax and/or legal advisors for this information. Our role is limited to serving as qualified intermediary to facilitate your exchange.
