Jim Beck, Esq.

Washington Counsel

Jim Beck, Esq.


Vice President / Exchange Counsel

IPX1031® Northwest

Work Email: James.Beck@ipx1031.com

Northwest Regional Office


900 SW Fifth Avenue, South Mezzanine
Portland, OR 97204

Phone: (503) 223-3911
Toll-Free: (888) 310-1031
Fax: (503) 796-6653
Toll Free Fax: (866) 848-5038

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 to hold all client funds in a qualified escrow account or qualified trust that requires your consent for withdrawals. All exchange funds must be deposited in a separately identified account using your taxpayer identification number. You must receive written notification of how your exchange funds have been deposited. Your exchange facilitator is required to provide you with written directions of how to independently verify the deposit of the exchange funds. Exchange facilitation services are not regulated by any agency of the state of Washington or of the United States government. It is your responsibility to determine that your exchange funds will be held in a safe manner.

 

Vice President and Exchange Counsel, Jim Beck, has been a practicing attorney since 1992. His experience in owning and working with many 1031 Exchange companies and clients is immense and gives Jim broad expertise in addressing complex and extraordinary tax issues requiring specialized tax knowledge. Jim has given many 1031 seminars and presentations and has assisted clients with thousands of 1031 Exchanges. He holds an LLM (post-law school degree) in Taxation.

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