Video Transcript
I’m pleased to let you know that in Utah, there are no special requirements that one must follow when completing a 1031 Exchange. Since 1031 is a section of the federal tax code, it’s applicable in all fifty states. So if you’re a customer who’s wanting to sell in Utah and purchase elsewhere, we’d be so happy to help you.
Now, as a reminder, when conducting a 1031 Exchange, it’s really important to select a Qualified Intermediary who’s going to keep your funds safe. Being that we are wholly owned by Fidelity National Financial (NYSE: FNF), we have a hundred million dollar Fidelity Bond, a $50 million dollar Performance Guarantee, and $30 million dollars of Errors and Omissions Insurance. We very much take the safety and security of your funds seriously.
Understanding the Utah 1031 Exchange Process
If you have any questions about the Utah exchange process or any other 1031 Exchange topics, please visit our Utah IPX 1031 web page at www.ipx1031.com/utah. We’re happy to help.
Click to visit Utah 1031 Exchange page