ABOUT US
American Property
Exchange (APX 1031)
American Property Exchange (APX 1031) is a leading §1031 Exchange Accommodator (Qualified Intermediary) assisting property owners facilitate 1031 tax deferred exchange transactions nationwide. We offer a reliable and dependable means of safeguarding our client’s 1031 exchange funds in order to coordinate a successful 1031 tax-deferred exchange.
In addition to utilizing the most advanced and secure banking measures to protect our client’s 1031 funds, we prepare all the necessary exchange documentation and ensure all critical deadlines are met.
Open a 1031 Exchange today!
Meet Our Team
President
Jake Schiro
Vice President
Ninos Gabbara
What is a Qualified Intermediary?
A Qualified Intermediary (QI), often referred to as a facilitator or an accommodator, is an unrelated, independent professional facilitator (third-party) authorized to receive and hold exchange funds (the sale proceeds) of the relinquished property and to facilitate the exchange – In accordance with IRS and Treasury Regulations.
By using a Qualified Intermediary to hold your exchange funds, this allows you to successfully execute the tax deferred exchange which prevents the exchanger from taking ‘constructive’ or (actual receipt) of the funds from the sale of the relinquished property (which would disqualify your 1031 Exchange transaction).
WHAT WE DO
Mission Statement
Our mission is to protect our client’s wealth and safeguard their 1031 exchange equity while providing the highest level of service and transactional execution.
WHAT OUR CLIENTS HAVE TO SAY
Testimonials
Sold a condo and bought another. There were two escrows involved that had to be synchronized both money and time-wise. Jake, my APX1031 representative, took the reins and all went perfectly. Five stars is not enough.”
Dan APrivate Investor
APX 1031 was crucial to the success and timing of our exchange. They kept track of the timeline and worked extremely well with Title and Escrow. Very happy with this group and will use again.”
Keith GCOO, Family Office
Great Hands on Service and Simple. I have referred APX to my clients and they have all expressed that they had a great experience. I was kept up to speed through transactions and APX made it easy.”
Jordon BManaging Broker
APX was absolutely perfect in all aspects of our transaction. Quick, accurate, accessible, professional. Just perfect. I highly recommend their services."
Jorgen DPrivate Investor
Industry-Leading Financial Security
We offer the latest in financial technology and banking security measures to safeguard our client’s 1031 funds. Our client’s funds are held in Qualified Trust Accounts, where the funds can only be distributed with their written approval.