Welcome to Iowa Equity Exchange
Iowa Equity Exchange is a nationwide Qualified Intermediary service
company that helps investors, land owners, and businesses meet the
requirements of IRC Section 1031. We are one of a small percentage of
Qualified Intermediary service companies that belong to the Federation of Exchange Accommodators
("FEA"), a national association that is dedicated to the protection of
the consumer in Section 1031 transactions and works to preserve the
tax-deferred
exchange options that taxpayers currently enjoy. There are less than 200 Qualified Intermediary members
of the FEA nationwide, and we are proud to be one of them. We are a
small, independent company that is focused solely on Section 1031
exchanges. We do not sell real estate partnerships or offer legal
services, accounting services, financial planning, or title and closing
services. We are Section 1031 exchange specialists.
We welcome your inquiries!
At any time, if you have questions about Section 1031 exchanges, please feel welcome to get in touch with me, Ken Tharp, founder and owner of Iowa Equity Exchange, at 800-805-1031 or by email at ktharp@iowaequityexchange.com.
Internal Revenue Code (IRC) 1031(a)(1) states that
"No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like-kind which is to be held for productive use in a trade or business or for investment."
The reasoning behind this is that the investment itself does not change; only the form of the investment changes. Since the investment itself does not change and "no gain... shall be recognized," no tax is paid. This allows the taxpayer to put more money to work in the new property.
Staying within the safe harbor of Section 1031 regulations is generally not difficult. Our objective is to make it so our clients have all pertinent information at their disposal in order to make educated decisions about their situations with plenty of time for planning. Please let us show you the difference that true personalized service makes.
Please take a moment to explore our site. There are frequent updates, so stop back often. Thank you for visiting.