1031Trader.com provides a guide to IRS 1031 real estate exchanges
Title
1031Trader.com - Investment Real Estate for Like-Kind Exchanges
Description
Excerpted from the website:
- Bankers Exchange Services is participating in the FDIC Insurance Temporary Liquidity Guarantee Program. The definition of this programs is; all funds in noninterest-bearing transaction deposit accounts held in domestic offices of participating FDIC-insured institutions will be fully insured. This should be a huge relief to any exchange client that will have over the current FDIC limit of ($250K for individual or $500K for joint accounts). What this means is that you or your client can rest assured that any amount will be backed by the FDIC while held by Bankers Exchange Services. This program has been put into place by the FDIC and will remain in effect until December 31, 2009. Bankers Exchange Services is offering this program in conjuction with our CDARS program so clients can take advante of earning interest on their funds as well. Some restrictions apply, so call us for details.
