1031 Services, Inc., is a full service 1031 exchange company. We act both as qualified intermediary in deferred exchanges as well as exchange accommodation titleholder in reverse or improvement exchanges throughout the United States. We have participated in exchanges of all types of properties, including real estate, heavy equipment, airplanes, shipping vessels, artwork and other collectibles, businesses, licenses, and radio and television stations. We have also worked on exchanges in foreign countries. > More information on our services Our clients range from publicly held companies doing multiple exchanges every year to individuals exchanging their single family rental houses. The company was founded by the late Jeremiah M. Long in 1989. Mary B. Foster joined in 1996. Over the years, Mary and Jerry, and the staff of our company, have 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 CPAs and attorneys. Our clients and their professional advisors have come to rely on us for handling basic to highly complex exchanges.
Mary B. Foster has extensive knowledge of the cases and rulings governing exchanges and of the industry as a whole. She enjoys working on day to day exchange matters as well as structuring creative and complex exchange transactions. Mary is frequently called upon for her expertise by other qualified intermediaries and attorneys alike. She is at the forefront of the industry and continually keeps up-to-date with new or changing issues within the IRC §1031. She is current President of the Federation of the Exchange Accommodators. > More
The Security of Exchange Funds of our clients is of first importance to us. Your exchange funds are held in a segregated trust account with Union Bank of California. We do not commingle or pool a client's exchange funds with any other funds. The bank account is an interest-bearing, money market account with daily liquidity and is FDIC insured for up to $100,000. You may also purchase supplemental insurance for balances in excess of $100,000. The bank sends the monthly statements and 1099s directly to you and gives you the option of viewing your account on-line directly so you can independently verify the amount of the deposit and interest at any time. In addition, you can request that the funds be held in a "Qualified Escrow Account" that requires your written authorization to the bank for any withdrawals. You can also choose to have the funds held in a different bank for an additional set up charge. Find Union Bank of California's latest credit ratings here.
We can provide client and bank references upon request. For more information or to speak with someone at our office, please call us at: (425) 646-4020 | 
