Utah 1031 Exchange – What Are the Requirements for a 1031 Exchange in UT?

Hi. This is Ashley Price with IPX1031.

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 ten thirty one 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, 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. If you’d like to learn more, head to our website or give me a call. Thank you so much.

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