Independent Trustees, Inc. has successfully completed Section 1031 exchanges all over the country since 1989, and currently handles 20 to 30 a month. When you choose Independent Trustees (IT) as your QI, you are provided with a turn-key operation from a wholly owned subsidiary of Truist Financial, the product of the merger of BB&T and SunTrust.
IT charges a very competitive exchange fee of $900 for a simple deferred exchange. Slightly higher fees exist for transactions in excess of $2,000,000. Fees for reverse exchanges and build-to-suit exchanges are higher and vary with the complexity of the transaction.
NOTE: The content of this website is informational only. It does not constitute tax, legal or accounting advice. Each situation is different and you are advised to seek appropriate professional advice to see if a 1031 Exchange meets your needs.