Nevada 1031 Exchange – What Are the Requirements for a 1031 Exchange in NV?

Hi everyone. Sarah Remley with IPX1031 exchange services here.

Today I’m going to discuss the requirements the state of Nevada has when you’re doing a 1031 tax deferred exchange.

It’s important to note that even though 1031 industry is unregulated at the federal level, the state of Nevada by law requires qualified intermediaries to hold our clients funds in a qualified escrow or qualified trust account.

So when planning your exchange, it’s important to select a company that meets these requirements like IPX1031. Ensuring your funds are protected between the time you sell and buy property is our utmost importance.

One of the best things about working with IPX is that as a wholly owned subsidiary of Fidelity National Financial, we are backed by the world’s largest title insurance issuer. This means we’re second to none when it comes to financial strength, security, and protecting your money.

Please don’t hesitate to reach out if you have any questions or I can be a resource with regard to 1031s.

Thank you for spending a few moments of your day with me.

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