Directrust 1031 exchange services meets all state requirements and best practices for fidelity bonding and errors and omissions coverage.
There are no federal regulations for qualified intermediaries. Directrust 1031 exchange services is a member of the Federation of Exchange Accommodators (FEA) that seeks higher professional standards including qualified escrow accounts for clients funds, minimum bond and insurance requirements and more. (https://www.1031.org/)
Directrust 1031 exchange services does not provide legal, investment, or due diligence services. Nothing contained herein shall be interpreted as investment, legal, tax or financial advice. Directrust 1031 exchange services role as qualified intermediary (QI) is limited in scope by only acting as a qualified intermediary within the meaning of IRS regulations section 1.1031(k)-1(g)(4) for federal and state income tax purposes. 2023 Directrust 1031 exchange services, all rights reserved.