Title Resource Group (TRG), a full-service title, settlement and vendor management services company, today announced the rebranding of its tax deferred exchange business as U.S. National 1031 Exchange.
MT. LAUREL, N.J. (Business Wire EON) July 8, 2008 --
Title Resource Group (TRG), a
full-service title, settlement and vendor management services company,
today announced the rebranding of its tax deferred exchange business as U.S.
National 1031 Exchange.
Formerly known as Mid-Exchange, U.S. National 1031 Exchange has a long
history of providing qualified intermediary services. Operating since
1979, the company has helped thousands of clients complete 1031 tax
deferred exchange transactions ranging from single-family rental units
to multi-million office complexes.
“The new name, U.S. National 1031 Exchange, is
more reflective of our 1031 Exchange business today, which is truly
national in scope,” said Don
Casey, president and CEO of Title Resource Group. “Savvy
real estate investors understand the advantages of exchanging like-kind
investment properties in order to defer capital gains taxes that would
otherwise result from the straight sale of an investment property.”
U.S. National 1031 Exchange has posted a free
guide to the 1031 Exchange on its Web site to help investors and
real estate professionals learn more about the tax deferred benefits and
mechanics of a 1031 Exchange as well as the importance of using a
qualified intermediary to successfully complete a 1031 tax deferred
exchange.
Individuals may call U.S. National 1031 Exchange for a free consultation
with one of its certified exchange specialists at (877) 671-1031, or go
online to open an exchange at www.USNational1031.com.
Real estate brokers, agents and escrow companies are also welcome to
link their Web sites to the U.S. National 1031 site.
A 1031 Exchange refers to title 26, section 1031 of the Internal Revenue
Code, which is the statue dealing with the deferment of capital gains
tax on the sale of real property, and in some instances, personal
property. Specifically, the Code states: “No
gain or loss shall be recognized on the exchange of property held for
productive use in a trade or business or for investment if such property
is exchanged solely for property of a like-kind which is to be held
either for productive use in trade or business or investment.”
About U.S. National 1031 Exchange
U.S. National 1031 Exchange
has a long history of providing qualified intermediary services.
Operating since 1979, the company has helped thousands of clients
complete tax deferred exchange transactions ranging from single-family
rental units to multi-million office complexes. U.S. National 1031
Exchange is a unit of Title Resource Group.
About Title Resource Group
Title Resource Group (TRG), a
subsidiary of Realogy Corporation,
is a full-service title, settlement and vendor management services
company serving real estate companies, corporations and financial
institutions in support of residential and commercial real estate
transactions. Headquartered in Mount Laurel, N.J., TRG has 2,100
employees and 420 offices and is licensed in 43 states and the District
of Columbia.
Release Summary:
Title Resource Group (TRG), a full-service title, settlement and vendor
management services company, today announced the rebranding of its
tax-deferred exchange business as U.S. National 1031 Exchange.
Keyword Tags:
1031 exchange, 1031 exchange companies, 1031 exchange properties, 1031
exchange rule, 1031 property exchange, 1031 real estate exchange, 1031
tax deferred exchange, 1031 tax exchange, 1031 tax free exchange, trg,
u.s. national 1031 exchange
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