Securing Your Exchange Proceeds
As a Qualified Intermediary, faciliating tax defrredexchanges, Fyntex has experienced tremendous growth and acceptance. This is because years ago we recognized the need of Exchangers nationally to have 24/7 visibility into the lifecycle of their exchange as well the confidence associated with the absolute security of their hard earned exchange proceeds.
We alsoadopted an entirely new banking regimen where all Exchanger accounts are fully segregated, and set up in the name of the Exchanger and with the Exchanger's tax identification number. This structure creates an ability for Exchangers to view the activity in their own account within their Exchanger Portal and also ensures that only with the Exchanger's explicit written approval, will 1031 funds be moved in or out of the account.
