FDIC Insured Accounts
Your exchange funds will be held in liquid FDIC insured money market accounts in commercial banks. For deposits greater than the federally insured limit of $250,000.00, you can direct us to deposit the funds in an IntraFi network account and receive FDIC insurance coverage for the entire amount. The bank may charge a fee for that service, which we will pass through to you.
Strategic 1031 Exchange Advisors, LLC, a Georgia limited liability company, is a qualified intermediary for 1031 exchanges only. It is not an accounting firm, law firm or registered investment professional and therefore is not qualified to give accounting, tax, legal or investment advice, and, further, cannot act in an agency capacity on behalf of its clients. This website is for informational purposes only and does not and is not intended to constitute accounting, tax, legal or investment advice. We advise you to consult with your accountant, attorney and investment professional on all matters related to your exchange.