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first american exchange company
Information by Research TrustFinance
First American Exchange Company is a subsidiary of First American Financial Corporation (NYSE: FAF), a Fortune 500 company. The company specializes exclusively in facilitating 1031 tax-deferred exchanges, a strategy under U.S. tax code that allows investors to defer capital gains taxes on the sale of business or investment property by reinvesting the proceeds in a like-kind property. It acts as a secure and experienced Qualified Intermediary (QI), holding exchange funds and ensuring transactions comply with strict IRS regulations, leveraging the financial strength and reputation of its parent corporation to provide security for its clients' funds.
United States
Industry
Financial