SUPPORT FOR 1031 EXCHANGES
BACKED BY TRUSTED BANKING EXPERTISE
U.S. Century Bank supports 1031 Exchanges in partnership with an experienced Qualified Intermediary (QI), The Private Exchange Group, Inc., to help clients plan ahead when selling and reinvesting in investment or business‑use real estate.
A 1031 Exchange may allow investors to defer capital gains taxes, subject to IRS rules and timelines, while continuing to grow their real estate portfolio.
Who Can Benefit
A 1031 Exchange may be worth exploring if you are:
Start the Conversation
If you are considering selling an investment or business‑use property:
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Speak with your tax and legal advisors
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Contact your U.S. Century Bank relationship manager or any of our banking center locations to learn if a 1031 Exchange is worth exploring based on your situation
what is a 1031 exchange?
A 1031 Exchange refers to Section 1031 of the Internal Revenue Code, which allows a real estate investor or business owner to defer capital gains taxes by reinvesting the proceeds from the sale of an investment or business‑use property into another qualifying investment property.
Taxes are deferred, not eliminated, and the exchange must follow specific IRS rules and timelines.
how a 1031 exchange works
A successful 1031 Exchange generally involves:
- Selling a qualifying investment or business‑use property (the Relinquished Property)
- Reinvesting all equity and debt into replacement property of equal or greater value
- Engaging a QI to hold proceeds and facilitate the exchange
- Completing the transaction within IRS‑mandated timelines
key irs timelines
Timing is critical in every 1031 Exchange:
- 45 days to identify replacement property(ies) in writing
- 180 days to complete the purchase of replacement property(ies)
Failure to meet these deadlines may result in a taxable transaction.
how u.s. century bank supports you
U.S. Century Bank supports clients considering a 1031 Exchange by providing restricted deposit services used in the exchange process.
The Bank:
- Offers escrow‑style deposit accounts used by the QI
- Helps safeguard exchange funds using established banking controls
- Supports coordination with clients and their professional advisors
U.S. Century Bank does not act as a Qualified Intermediary and does not provide tax or legal advice, exchange facilitation, structuring, or administration services.
our 1031 exchange partnership
U.S. Century Bank has partnered with The Private Exchange Group, Inc., an experienced Qualified Intermediary, to support clients considering a 1031 Exchange.
The QI is responsible for:
- Exchange administration
- Required documentation
- Holding and directing exchange proceeds
U.S. Century Bank supports the process through deposit services and relationship‑based guidance.
Why early planning matters
Because 1031 Exchanges are governed by strict rules and timelines, early awareness and coordination with advisors and the QI can help avoid missed opportunities and reduce complexity during the transaction.
Frequently asked questions
Click here to get answers to frequently asked questions about 1031 Exchange Services. Start the conversation today.
Important Disclosures
U.S. Century Bank is not a Qualified Intermediary and does not provide exchange facilitation, structuring, or administration services. Neither U.S. Century Bank nor The Private Exchange Group, Inc. provides tax, legal, accounting, investment, or regulatory advice.
This material is provided for general education purposes only and nothing herein is intended to constitute a recommendation or advice regarding any transaction, including Section 1031 exchanges.
Neither The Private Exchange Group nor any Qualified Intermediary are agents, representatives, or affiliates of the bank and are independent entities. U.S. Century Bank does not guarantee or make any representations regarding the services, performance, or financial condition of any Qualified Intermediary or other third-party provider.
Tax treatment depends on individual facts and circumstances and clients should consult their attorney, accountant, or other professional advisor regarding their specific situation.
U.S. Century Bank provides restricted deposit account services but does not control or direct the use of exchange funds. Restricted deposit services refer to escrow deposit accounts maintained at U.S. Century Bank in connection with a 1031 Exchange. Deposits are FDIC-insured up to applicable limits, currently $250,000, and are subject to the Bank’s terms and conditions.
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