<

Announcing Principle 1031

The Newest Addition to the MBH Settlement Group

Announcing the newest addition to the MBH Settlement Group…

Principle 1031, a real estate investment 1031 exchange company.

Responding to the changing needs of our broad client base, MBH is pleased to announce the addition of Principle 1031, a real estate investment 1031 qualified intermediary, to the MBH Settlement Group companies.

“Our commercial and investment real estate clients have come to rely on the smooth, secure, convenient service provided by MBH Settlement Group. In our 29th year of providing title and settlement services, we are pleased to offer 1031 exchange services for investment properties through Principle 1031,” states Fred Westerlund, CEO, MBH Settlement Group.

Responding to the changing needs of our broad client base, MBH is pleased to announce the addition of Principle 1031, a real estate investment 1031 qualified intermediary, to the MBH Settlement Group companies.

“Our commercial and investment real estate clients have come to rely on the smooth, secure, convenient service provided by MBH Settlement Group. In our 29th year of providing title and settlement services, we are pleased to offer 1031 exchange services for investment properties through Principle 1031,” states Fred Westerlund, CEO, MBH Settlement Group.

Through Principle 1031, MBH real estate investment clients can now work seamlessly with MBH for all their title and settlement needs while relying on Principle to deliver the same quality service experience in facilitating 1031 exchanges.

As a qualified 1031 intermediary, Principle 1031 provides services including:

  • Preparing the agreements needed to structure the 1031 exchange.

  • Providing instructions and exchanged documents to escrow and title servicers.

  • Managing and transferring exchange funds in escrow while the seller identifies and purchases a replacement property.

  • Ensuring the exchange complies with IRS safe harbor 1031 exchange rules and related regulations.

  • Submitting complete documentation of the transaction to the exchanger for their records.principle1031.com

  • Sending 1099 form to the exchanger and the IRS for any interest earned during the process.

Starting the process is as easy as identifying the property as an investment and completing the order format Principle1031.com.

MBH Settlement Group and the team at Principle 1031 offer unparalleled experience, service, support & protection for 1031 exchanges in 50 states.