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DID YOU KNOW?
It’s possible…If you qualify for an IRC §1031 Exchange, you can postpone all the capital gains tax on the sale of your property.
WORK WITH NEW ENGLAND'S 1ST AUTHORITY ON IRC §1031 EXCHANGES
Before you sell your property and invest in a new one, call Exchange Authority. We are the experts the other experts call. We set the industry standard for performance and service.
Work with the best. You will quickly see that the difference is in the details. You will get the results you desire and deserve.
With proceeds from the sale of the relinquished property being held by Fidelity Bank as escrow agent, a Massachusetts Chartered Co-operative Bank, you know you are 100% insured. All deposits are FDIC and SIF insured.
FDIC is an independent agency of the United States government. It was established by congress in 1933 to insure bank deposits. Your proceeds are insured by FDIC up to $100,000.00. On October 3, 2008 FDIC deposit insurance temporarily increased from $100,000 to $250,000 through December 31, 2009.
The Share Insurance Fund (SIF) was established by the Legislature in 1934 to provide protection for deposits in Massachusetts chartered co-operative banks. Proceeds in excess of $100,000.00 are insured without limit by the Share Insurance Fund.
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What is a IRC §1031 Exchange
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