Welcome to 1031 Facts.com
 
What Is 1031? also referred to as a 1031 Exchange or Like-Kind Exchange, and falls under Section 1031 of the Internal Revenue Code. This tax section deals with property value in sale of business or trades and other like sales. Contact us to get your property exchange prepared & filed by a qualified Treasury Regulations professional. Need Help with 1031 issues ? Then contact us now >
 
SEARCH:

 Exchange Help Pages



 Law Center

§ 1031. Exchange of property held for productive use or investment...Read more law >

Related Hot Topics

    • Ad Valorem Taxes
    • Tax Redemption
    • Treasury Regulations
    • Land Exchange
    • Identifying the Replacement Property


    If you plan on utilizing Section 1031, you may do so with more than one property.

    You can do so with up to three properties at once.

News related to 1031 Exchange issues

< Back to Previous Page

Tri-Valley Bank Partners With NES To Offer 1031 Tax-Deferred Exchange Products

East Bay, CA – Tri-Valley Bank, headquartered in the Bay Area, and Nationwide Exchange Services (NES) jointly announced that they have reached a strategic alliance in the handling of Tri-Valley Bank’s tax-deferred 1031 exchange business.

NES is a Qualified Intermediary providing an industry-leading suite of 1031 tax-deferred exchange products for individual investors through major US corporations. With sophisticated business processes and controls that meet the requirements of the banking industry, NES provides Tri-Valley Bank an extensive set of tax-deferred 1031 exchange products at the highest level of customer service with minimal start-up costs and with full regulatory compliance. Tri-Valley Bank will also have access to a variety of marketing resources provided by NES.

“We take great pride in our new relationship with NES. This strategic partnership is part of our continuing effort to offer value-added services to Tri-Valley Bank customers,” states Bill Nethercott, President and CEO of Tri-Valley Bank. “By aligning ourselves with NES, we are blending two businesses which focus on providing customers competitive products delivered by qualified professionals.”

“We are delighted to enter into a partnership with Tri-Valley Bank. Tri-Valley Bank can now offer a suite of pioneering 1031 tax-deferred exchange products to their customers that will help them defer capital gains taxes, while delivering a direct benefit to the bank in the form of core deposits and added revenue. With the 1031 market segment reportedly representing billions in deposits held nationally, this is a large and exciting opportunity that spans individual investors, wealth management customers, corporate clientele, agricultural and commercial real estate,” says Michael Halloran, President of Nationwide Exchange Services. “In a highly competitive banking environment, 1031 exchanges represent an excellent means for Tri-Valley Bank to grow core deposits with no infrastructure or compliance burden.”

Call Our Toll Free: (888) 275-2757 or Contact Us Online For a No-Obligation Consultation

Did You Know ?
If you plan on utilizing Section 1031, you may do so with more than one property.

You can do so with up to three properties at once.

Need to get more information about Treasury Regulations & 1031 issues? Then click here to contact us.