1031 Exchange Services

Benefits of 1031 Exchanges

  • A Section 1031 exchange is one of the few techniques available to postpone or potentially eliminate taxes due on the sale of qualifying properties.
  • Tax savings allow for efficient leveraging and upsizing of investments.
  • 1031 exchanges allow for diversification or consolidation of assets.
  • Improved cash flow by deferring tax payments.

Security of Funds

With Brookline Bancorp 1031 Exchange Services as your Qualified Intermediary you can rest assured that your funds are safe. Each exchange is held in a unique escrow account, segregated from any other account. By design, any movement of funds from the escrow account requires your direction and signature. Most importantly, all deposits above FDIC insurance limits are insured in full by the Massachusetts Depositors Insurance Fund (DIF).

Brookline Bancorp 1031 Exchange Services, LLC is a subsidiary of Brookline Bank, a First Ipswich Bank affiliate.

IRS CIRCULAR 230 DISCLOSURE: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. tax advice contained in this communication is not indented or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code.