Equity Exchange Services, Inc.

Equity Exchange Services, Inc. (EESI) is a Qualified Intermediary under IRC Sec 1031. We provide intermediary services throughout the United States. EESI is a member of the Federation of Exchange Accommodators and has been handling 1031 exchanges since 1990.

What is a 1031 Exchange?

Can the taxpayer use funds from the Section 1031 exchange account for escrow deposits on the replacement property?

Yes, it is possible to use the funds to pay an escrow deposit on the replacement property. The taxpayer would supply in writing their request along with a copy of the purchase contract indicating the deposit amount.

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