Since 1991, Equity Advantage has established longstanding relationships based upon a simple philosophy: "Help each client achieve his or her goals."

We provide our expertise while partnering with property owners, investors, legal counsels and brokers nationwide. Our success is based on the success of each individual client. For us it's not about the deal, it's about the destination.

Do you Qualify?

Do you Qualify?
Answer some basic questions to determine whether an exchange is right for you and your current situation.

WHAT IS A 1031 EXCHANGE?

A 1031 Exchange is an IRS-authorized process where like-kind business or investment properties are exchanged without immediate tax liability to the property owner (Exchangor).

The IRS requires that an Exchangor use a neutral third party, known as an intermediary or accommodator, to facilitate a 1031 Tax Free Exchange. Equity Advantage, Inc. is a qualified intermediary agency able to properly assess the current 1031 Exchange rules and assist Exchangors with the process.

1031 EXCHANGE OF THE MONTH

1031 Exchange of the Month

We are currently working on a reverse 1031 exchange. Our client wanted to move into a larger office space and their property was for sale but had not sold yet. They purchased a new larger building and did improvements before concluding their current sale. When it was sold the sales proceeds went back to the client and the deal was complete. Reverse exchanges are another tool for you to have when buying and selling real estate.

REVERSE

The Reverse Exchange is the opposite of the Delayed Exchange. Where the Delayed Exchange requires the Exchangor to relinquish before he acquires a property, the Reverse Exchange allows the Exchangor to acquire property first and relinquish property second. In other words, the Reverse Exchange allows an investor to acquire a new property today, when an excellent investment may be available, and sell other property... Read More »

Proud Member:

"WASHINGTON STATE LAW, RCW 19.310.040, REQUIRES AN EXCHANGE FACILITATOR TO EITHER MAINTAIN A FIDELITY BOND IN AN AMOUNT OF NOT LESS THAN ONE MILLION DOLLARS THAT PROTECTS CLIENTS AGAINST LOSSES CAUSED BY CRIMINAL ACTS OF THE EXCHANGE FACILITATOR, OR HOLD ALL CLIENT FUNDS IN A QUALIFIED ESCROW ACCOUNT OR QUALIFIED TRUST." RCW 19.310.040(1)(b) (as amended)

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