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Our Company
About
1031 Services, Inc.
1031 Services, Inc. has performed
qualified intermediary services under Section 1031
of the Internal Revenue Code for real and personal
property transactions in forward exchanges,
reverse exchanges, multi-asset exchanges, and
construction exchanges. We
have performed intermediary services for
properties in most jurisdictions within the
United States and in many foreign countries.
The
company was founded in 1989 by the late
Jeremiah M. Long, the “guru” of IRC §1031
exchanges. In 1992, Jerry and Mary
Foster
co-authored Tax-Free Exchanges Under
§1031, the most comprehensive book on
the subject. This work, published by
Thomson Reuters/West Publishing, has become the leading
treatise and the “Bible” on tax-free
exchanges.
It contains over 800 pages. Mary
Foster continues the publication and annual update
of the treatise.
>
Order book
here
Our company has a reputation
for providing the highest levels of expertise,
professionalism, and customer service for
our clients. Since 1996, our company
has co-sponsored an annual, national two-day
seminar on advanced issues in like-kind
exchanges. Mary Foster has been a
speaker at the
conference since its inception. Since
2004, she has been co-chair and the seminar
has expanded to a
three-day, comprehensive conference.
Mary Foster has also been instrumental in the
growth of the national organization known as
the Federation of Exchange Accommodators
(FEA). She is Past President and former Board Member
of the FEA. She is an advisor on complex tax free
exchanges, an expert witness on litigation
involving IRC §1031 matters, and frequently writes and speaks
on the subject. She is active in federal
legislative and administrative efforts
related to IRC §1031 on behalf of the
American Bar Association Taxation Section and the FEA.
We have
broad experience with all types of clients
and all types of exchanges. Our clients
include publicly held companies doing
multiple exchanges every year, as well as
individuals exchanging their single family
rental houses. We have participated in
exchanges of all types of properties, such
as real estate, artwork, airplanes,
equipment, shipping vessels, businesses,
licenses, and radio and television stations.
Over the years, our company
has provided exemplary service and expertise
to our clients and their legal and tax
advisors. As a result, our business
has grown, largely due to referrals from
professional advisors, such as CPAs and attorneys. Our clients and
their professional advisors have come to
rely on us for assisting them with basic to highly
complex exchanges.
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