Chicago, Illinois–May 30, 2017–Exeter 1031 Exchange Services, LLC (Exeter1031) hires Lauren H. Speidel as a Business Development Officer.  Ms. Speidel will expand the company’s Midwest Regional Office, based in Chicago, Illinois. She is responsible for sales, marketing, and client relationship management for the Midwest Region including, but not limited to, Chicago, Illinois, Wisconsin, Minnesota, Michigan, Ohio, Indiana, Iowa, and Missouri.

Lauren Speidel is very familiar with the 1031 exchange industry. She worked with Inland Securities and Inland Private Capital Corporation in Chicago, Illinois for close to a decade, specializing in investment products such as Delaware Statutory Trusts (DSTs), Real Estate Investment Trusts (REITs) and other alternative replacement property options for clients performing 1031 exchanges. Her background includes working with certified financial planners (CFPs), registered investment advisors (RIAs), settlement agents, real estate agents and brokers, closing attorneys, registered representatives, and accountants in the administration of their clients’ 1031 exchange transactions.

“Ms. Speidel’s rich background of professional experience in the areas of 1031 exchanges, Delaware Statutory Trusts (DSTs) and Real Estate Investment Trusts (REITs) makes her an ideal candidate for heading up this exciting new expansion for our Midwest Regional Office,” said William L. Exeter, Chair and Chief Executive Officer, Exeter 1031 Exchange Services, LLC. Mr. Exeter further stated, “Our commitment to providing security, safety, expertise, and personal service for clients throughout Chicago and the Midwest has never been stronger.”

Exeter’s Midwest Regional Office will provide the same comprehensive forward, reverse, improvement (“build-to-suit” or “construction”), leasehold improvement, foreign property, and zero equity 1031 exchange strategies that the company delivers to individual, corporate, and institutional clients nationwide. Each transaction is supported by Exeter’s commitment to safeguarding client funds through separate, segregated, dual-signature, restricted qualified trust accounts.

The Midwest Regional Office is located in Chicago at 1136 South Delano Court West, Suite B201, Chicago, Illinois, 60605. The office can be reached at (630) 828-5200, toll free at (866) 635-1031, or by facsimile at (86la) 393-8371.

Mrs. Speidel is actively involved in the community as a member and participant of several professional associations, including the Illinois Association of Realtors, Chamber of Commerce of Chicagoland, Fox Valley, Naperville, Chicago Real Estate Network, and Women’s Council of Realtors, Chicago Chapter. She is also active in National Association of Realtors (NAR) and Real Estate Investment Securities Association (ADISA, formerly REISA, and prior to that formerly TICA).

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About The Exeter Group of Companies

The Exeter Group of Companies includes operating businesses that offer diversified financial services designed to help investors build and preserve wealth through various tax deferral or tax exclusion strategies.

Exeter 1031 Exchange Services, LLC is headquartered in San Diego, California, and now with its Midwest Regional Office in Chicago, serves as a qualified intermediary for forward, reverse, improvement, leasehold improvement, foreign property and zero-equity 1031 exchange transactions nationwide. Exeter1031 is one of the few qualified intermediaries that has any kind of regulatory oversight.

Exeter Trust Company is headquartered in Cheyenne, Wyoming and is licensed, regulated, and audited by the Wyoming Division of Banking. ExeterTrust administers separate, segregated, dual-signature, restricted qualified trust accounts for 1031 exchanges, serves as custodian for self-directed IRAs,  individual 401(k) plans, and qualified retirement plans with an emphasis in non-traditional or alternative assets, provides private fund custody and administrative services, directed trust or administrative trustee services, serves as escrow agent for specialty holding escrows, and serves as trustee for title holding trusts (land trusts). Exeter Asset Services Corporation is headquartered in Cheyenne, Wyoming, and serves as an exchange accommodation titleholder or EAT when legal title to real estate must be held as part of a reverse or improvement 1031 exchange transaction.

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“The Exeter Group, LLC was set-up to function and serve as a holding and operating company for real estate related businesses, which will include 1031 Exchange, Reverse 1031 Exchange and Improvement 1031 Exchange operations, Qualified Trust Account services for 1031 Exchange Qualified Intermediaries, Title Holding Trust or Land Trust services, and Self-Directed IRA custodial services,” said William L. Exeter, president and chief executive officer, The Exeter Group, LLC.

Mr. Exeter further stated, “The Exeter Group, LLC will be based in San Diego, California, and its website address will be exeterco.com.  We look forward to building an impressive team of Tax Deferred and Tax Exclusion Experts and Advisors to assist real estate investors and their advisors with their tax-deferred transactional needs.” 

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“Exeter 1031 Exchange Services, LLC was established for the express purpose of acting as a Qualified Intermediary for real estate investors’ Forward 1031 Exchange transactions,” said Mr. William L. Exeter, president and chief executive officer, The Exeter Group of Companies. 

Mr. Exeter further stated, “Exeter 1031 Exchange Services, LLC will be based in San Diego, California, and its website address will be exeter1031.com.  We look forward to building an impressive team of Senior 1031 Exchange Advisors to assist real estate investors with their 1031 exchange needs for real estate and personal property.”

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“Our goal is to help commercial real estate investors utilize two of the most valuable tax-deferral techniques available for today (1031 exchange and cost segregation).   Both cost segregation and 1031 exchange tax-deferral strategies can be used on the same property in order to obtain the maximum tax deferral benefits possible,” said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC.

Cost Segregation Tax Saving Benefit Estimate

We now offer a free estimated tax saving benefit analysis on any commercial real estate for which a client may be considering identifying as part of their 1031 exchange transaction. This free analysis can assist in evaluating the potential increase in cash flow resulting from additional (accelerated) depreciation tax deductions on a potential commercial real estate acquisition.

These estimates show investors how much potential tax savings can be realized immediately as well as over the next three (3) years for each of their top three (3) replacement properties being considered.  The difference in tax savings from one property to another can be material enough to influence a purchase decision or be used as leverage during in negotiations.

Cost Segregation Study

Clients can request an advanced cost segregation study (fee involved) after acquiring their commercial real estate and completing their 1031 exchange transaction. The formal written cost segregation study or analysis identifies, segregates and reclassifies property costs currently being depreciated over the typical 39 or 27.5 year depreciation periods to shorter depreciable periods of 15, 7 or 5 years. 

Cost Segregation Partners — The Industry Leader

Exeter 1031 Exchange Services, LLC selected Cost Segregation Partners, one of the nation’s leading providers of cost segregation analysis services, to provide its cost segregation tax saving benefit estimates and its cost segregation studies to its commercial real estate investors.  We selected Cost Segregation Partners because they have delivered over 3,000 studies to commercial real estate owners that most resemble our commercial real estate clients.

Cost Segregation Partners wrote the book “literally” on cost segregation analysis.  Real Estate Cost Segregation:  A Practioner’s Guide is published by Thompson RIA the well known tax book authority.  Cost Segregation Partners is the firm that teaches others how to do cost segregation analysis studies. 

Exeter 1031 Exchange Services, LLC wanted to align with the industry leader, and Cost Segregation Partners is that firm.  No matter where our commercial real estate clients are located or what property type they purchase, the professionals at Cost Segregation Partners work seamlessly with Exeter 1031 Exchange Services, LLC.

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We Have Answers.  Go Ahead, Ask.

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory services for individual, corporate and institutional 1031 exchange clients as well as cost segregation analysis services for commercial real estate investors. 

Exeter administers all types of 1031 exchange transactions, including forward, reverse and improvement (build-to-suit or construction) 1031 exchange structures, in all 50 states.  Exeter 1031 Exchange Services, LLC currently has national office locations in San Diego, Irvine, Ontario, Bakersfield, Fresno, and San Francisco, California and Kona, Hawaii, Tucson, Arizona, East Northport, New York, and Springfield, New Jersey.

You can contact Exeter at anytime, 24 hours a day, 7 days a week, 365 days a year.  Call Exeter 24/7 provides round-the-clock access to our senior 1031 exchange advisors when you need them.

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The Title Holding Trust, often referred to as a land trust, holding trust or blind trust, is a simple and inexpensive method for holding title to California real estate or personal property.  Exeter Fiduciary Services, LLC serves as Trustee of the Title Holding Trust. 

“There are many reasons for, and benefits of, acquiring and holding title to property in a Title Holding Trust.  The most common include the need or desire to acquire and hold legal title to real estate or personal property in a confidential or private manner in order to keep the Beneficiary’s (owner’s) name out of the public records.  It could also include those who want to keep their names away from criminals such as law enforcement personnel, judges, attorneys, stalking victims, etc.,” said William L. Exeter, president and chief executive officer, Exeter Fiduciary Services, LLC.

“The executive management team at Exeter Fiduciary Services, LLC brings over a decade of trust experience in the administration of Title Holding Trusts. We are very excited to be able to bring this valuable trust service back to the California real estate industry and look forward to a very successful launch,” Mr. Exeter further stated.

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We Have Answers.  Go Ahead, Ask.

Exeter Fiduciary Services, LLC, a wholly-owned subsidiary of The Exeter Group, LLC, is a private, professional fiduciary providing you and your legal, tax and financial advisors with complete trust administration, accounting, recordkeeping, and tax reporting support services.  Exeter Fiduciary Services, LLC works in conjunction with your existing team of advisors.

Our goal is to help you minimize your risks, simplify your accounting, recordkeeping and tax reporting needs, and eliminate your regulatory compliance burdens.  We do what we do best — customized trust administration.

Exeter Fiduciary Services, LLC also provides specialty fiduciary and trust services for the real estate community such as Title Holding Trusts, Deferred Sales Trusts, Qualified Trust Accounts for 1031 Exchanges, as well as serving as trustee under specialized trust arrangements.

Exeter Fiduciary Services, LLC is located in the national corporate headquarters office of The Exeter Group of Companies in San Diego, California.  You can contact Exeter Fiduciary Services, LLC at anytime, 24 hours a day, 7 days a week, 365 days a year.  Call Exeter 24/7 provides round-the-clock access to our senior trust advisors when you need them.

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The Title Holding Trust, often referred to as a land trust, holding trust or blind trust, is a simple and inexpensive method for holding title to California real estate or personal property.  Exeter Fiduciary Services, LLC serves as Trustee of the Title Holding Trust. 

“There are many reasons for, and benefits of, acquiring and holding title to property in a Title Holding Trust.  The most common include the need or desire to acquire and hold legal title to real estate or personal property in a confidential or private manner in order to keep the Beneficiary’s (owner’s) name out of the public records.  It could also include those who want to keep their names away from criminals such as law enforcement personnel, judges, attorneys, stalking victims, etc.,” said William L. Exeter, president and chief executive officer, Exeter Fiduciary Services, LLC.

“The executive management team at Exeter Fiduciary Services, LLC brings over a decade of trust experience in the administration of Title Holding Trusts. We are very excited to be able to bring this valuable trust service back to the California real estate industry and look forward to a very successful launch,” Mr. Exeter further stated.

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We Have Answers.  Go Ahead, Ask.

Exeter Fiduciary Services, LLC, a wholly-owned subsidiary of The Exeter Group, LLC, is a private, professional fiduciary providing you and your legal, tax and financial advisors with complete trust administration, accounting, recordkeeping, and tax reporting support services.  Exeter Fiduciary Services, LLC works in conjunction with your existing team of advisors.

Our goal is to help you minimize your risks, simplify your accounting, recordkeeping and tax reporting needs, and eliminate your regulatory compliance burdens.  We do what we do best — customized trust administration.

Exeter Fiduciary Services, LLC also provides specialty fiduciary and trust services for the real estate community such as Title Holding Trusts, Deferred Sales Trusts, Qualified Trust Accounts for 1031 Exchanges, as well as serving as trustee under specialized trust arrangements.

Exeter Fiduciary Services, LLC is located in the national corporate headquarters office of The Exeter Group of Companies in San Diego, California.  You can contact Exeter Fiduciary Services, LLC anytime, 24 hours a day, 7 days a week, 365 days a year.  Call Exeter 24/7 provides round-the-clock access to our senior trust advisors when you need them.

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Zero Equity 1031 Exchange 

Zero Equity 1031 Exchange

With the economic downturn and the collapse of the real estate market, many investors have had both their income and their equity in their investment properties stripped away. Without the means to go on, they’re choosing to sell their property and structure a short sale or they’re losing their property through a foreclosure sale.  For many, the greatest nightmare is still ahead since in spite of having no equity in their investment property, the forced sale of the property via a short sale or through a trustee’s foreclosure sale may still trigger a sizable taxable gain.

“I’m hearing it everyday from the investors, lenders and real estate agents we work with — investors are feeling trapped. Their properties are no longer generating enough cash flow to service their debt load and the market value has plummeted well below what they owe their lender.  They believe that without equity, they won’t be able to structure and successfully complete a 1031 exchange in order to defer their taxable gains and continue investing,” said William Exeter, president of Exeter 1031 Exchange Services, LLC.

A Zero Equity 1031 Exchange lessens the pain for the investor even when there is no cash equity left in the property by allowing the investor to continue deferring his or her capital gain taxes by reinvesting in replacement property.

“We created this 1031 exchange solution in response to a demand in our marketplace.  We believe that although not easy, an investor working with a sophisticated and experienced real estate broker may be able to negotiate and put together a creative acquisition package for replacement property,” said Exeter.

A properly set up and completed Zero Equity 1031 Exchange may be able to get an investor out from under an existing problem property, defer the payment of their capital gain taxes, and put the investor in a better position in order to move forward with his or her life.

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We Have Answers.  Go Ahead, Ask.

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory services for individual, corporate and institutional 1031 exchange clients as well as cost segregation analysis services for commercial real estate investors. 

Exeter administers all types of 1031 exchange transactions, including forward, reverse and improvement (build-to-suit or construction) 1031 exchange structures, in all 50 states.  Exeter 1031 Exchange Services, LLC currently has national office locations in San Diego, Irvine, Ontario, Bakersfield, Fresno, and San Francisco, California and Kona, Hawaii, East Northport, New York, and Springfield, New Jersey.

You can contact Exeter at anytime, 24 hours a day, 7 days a week, 365 days a year.  Call Exeter 24/7 provides round-the-clock access to our senior 1031 exchange advisors when you need them.

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California Claw-Back Provision

California has historically taken the position that any capital gain earned on California real estate should be subject to California tax upon the ultimate sale of the real property even if the investor had sold his or her California real estate and subsequently 1031 Exchanged into investment property located outside of California.  In other words, they 1031 Exchanged out of California real estate and into non-California real estate.  This has been named the “California Claw-Back.”  However, there had not been any mechanism for tracking the subject real estate in order to enforce the California Claw-Back Provision — until now.

California State Assembly Passes Legislation

The California State Assembly recently enacted legislation that now requires investors who complete a 1031 Exchange transaction where they sell California real estate and buy non-California real estate as their replacement property (i.e. they exchanged out of California investment real estate into non-California investment real estate) to file an annual information return with the California Franchise Tax Board (FTB), reporting their exchange into non-California real property.  The FTB now has a mechanism for tracking these transactions and ultimately enforcing its claw-back provision. 

New Law Effective January 1, 2014

The new law applies to any 1031 Exchanges of real property that close in any tax year beginning on or after January 1, 2014 (i.e. after December 31, 2013).

You can read the entire article here.

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The Southeast Regional Office address is 2200 North Commerce Parkway, Suite 200, Ft. Lauderdale, Florida 33326 and will be under the leadership of 1031 Exchange industry veteran Mr. William M. Mejia, MBA. 

Exeter 1031 Exchange Services, LLC’s new Southeast Regional Office will provide the same comprehensive Forward, Reverse, and Improvement (“Build-To-Suit” or “Construction”) 1031 Exchange strategies for individual, corporate and institutional clients.

We are very excited about the east coast real estate market, and in particular the Florida real estate market,” said William Exeter, president of Exeter 1031 Exchange Services, LLC. “We are very excited and proud to have Mr. Mejia join us as our Southeast Regional Manager.” 

Mrs. Harris further stated, “Mr. Mejia will be a tremendous asset within our ever expanding team of 1031 Exchange Specialists and Advisors and our ever growing national 1031 Exchange branch office network.  William has over 12 years of professional experience in the Qualified Intermediary (Accommodator) 1031 exchange industry.”

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We Have Answers.  Go Ahead, Ask.

Exeter 1031 Exchange Services, LLC is a leading national provider of Qualified Intermediary, Exchange Accommodation Titleholding, and Advisory Exchange Services for individual, corporate and institutional clients throughout the United States and the world.  Exeter administers all types of 1031 Exchange transactions, including Forward, Reverse and Improvement (Build-To-Suit or Construction) 1031 Exchange structures, for real estate, personal property and foreign assets. 

Exeter 1031 Exchange Services, LLC currently has national office locations in San Diego, Newport Beach, Los Angeles, Fresno, and San Francisco, California, as well as Ft. Lauderdale, Florida, Chicago, Illinois; East Northport, New York; and Springfield, New Jersey.  You can contact Exeter at anytime, 24 hours a day, 7 days a week, 365 days a year.  Call Exeter 24/7 provides round-the-clock access to our Senior 1031 Exchange Advisors when you need them.

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“We are very happy to be so well positioned for the economic growth and expansion we have been experiencing” said William L. Exeter, president and chief executive officer, Exeter 1031 Exchange Services, LLC. “We’re thrilled that our 1031 exchange team has the space we need to look towards an exciting future of professional growth.”

The new address for the Corporate Headquarters is:

Exeter 1031 Exchange Services, LLC
404 Camino del Rio South, Suite 600
San Diego, CA 92108

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