Exchange Services Group is a proud member of the Near North Title Group of companies. Near North is a full service title, escrow, construction and 1031 exchange company that has been offering clients a comprehensive portfolio of national commercial title services for more than 30 years.
AFFILIATION WITH NEAR NORTH TITLE GROUP
Exchange Services Group’s affiliation with Near North Title Group means one dedicated team handling your transaction from beginning to end. Partnering with Near North to facilitate title and escrow services allows Exchange Services Group to offer efficient personalized solutions for both 1031 Exchange and closing processes.
LIKE-KIND EXCHANGES
Exchange Services Group, LLC provides Qualified Intermediary services under the provisions of Internal Revenue Code §1031. This Code Section and IRS Regulations allow Exchange Services Group’s clients to sell real estate assets and acquire replacement real estate assets without recognizing a current capital gains tax liability or taxes from depreciation recapture. Exchange Services Group provides a tax-advantaged vehicle to defer gain on the sale of investment or business-use real property assets. With more than twenty years of experience in real property exchanges, Exchange Services Group understands that any like-kind exchange transaction can have a unique set of circumstances and is well-equipped to handle a variety of commercial, farm and residential exchanges, including various forms of financing.
HOW LIKE-KIND EXCHANGES WORK
Like-kind exchanges are regulated under Internal Revenue Code §1031 and related IRS Regulations. These enable taxpayers to replace existing real property assets held for business or investment purposes with other real property assets while deferring the capital gains tax resulting from the disposition. Exchange Services Group acts as the Qualified Intermediary for the exchange of real property assets, investing the exchange funds until a replacement real property asset is acquired, thereby facilitating the exchange process.
WHY CHOOSE EXCHANGE SERVICES GROUP
Effective Tax Solutions
Our team of exchange experts is dedicated to assisting and supporting responsive and effective tax solutions for our clients’ most complex tax-deferred transactions.
Exchange Experts
Exchange Services Group has over twenty years’ experience as a Qualified Intermediary dealing in real property exchanges. We facilitate a wide array of exchanges for our customers, including:
• Single-asset Exchanges
• Multi-asset Exchanges
• Multi-state Reverse Exchanges
• Installment Agreement Exchanges
• Seller-financed Exchanges
• Replacement Property Under Construction Exchanges
Financial Security
Exchange funds are held in separate accounts and can be invested in AAA rated (S&P) money market funds that invest primarily in high quality, short-term money market instruments. Interest is calculated daily and accrued monthly to the client.
CONTACT US
John Lamberts – President, Exchange Services Group
312-419-3937 | jlamberts@nntg.com
Aukse Joiner – Executive Vice President, ESG & National Commercial Underwriting Counsel
312-621-3367 | ajoiner@nntg.com
Greg Putt – 1031 Exchange Coordinator
260-222-5548 gputt@nntg.com
