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Cincinnati Office PHONE: 513-412-3481
TOLL FREE: 800-427-7212
FAX: 513-412-3482
Providence Office PHONE: 401-421-3763
TOLL FREE: 877-395-1031
FAX: 401-453-5847

 
 
 

OUR FAMILY OF
STRATEGIC TAX SERVICES


Using An Escrow For Your Funds

Exchange Basics

Funds in Escrow

Strategic Property Exchanges, L.L.C, All States 1031 Exchange Facilitators, and Midwestern Exchange, Inc. safeguard Exchange Funds with a Qualified Escrow Account with its depository Banks.

Each Qualified Escrow Account is:

  • Opened in the name of the Client and under their tax identification number; and
  • Accessible by the client via our secure password protected internet portal at any time.
  • No withdrawal may be made without the express written direction of the client and condirmed by our depository bank.
  • All funds are 100% FDIC insured;
  • All accounts can be established in less than 24 hours.
  • No fees or charges on Qualified Escrow accounts.

Please note that for foreign property exchanges overseas, qualified escrow services may not be available. Please allow additional time to open overseas accounts.

 
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