1031trx LLC is an attorney owned Qualified Intermediary serving investors in 1031 tax-deferred exchanges. We are available 24/7 to accommodate the typical investor's work schedule, and we utilize a low-fee business model. 1031trx was founded by a Manhattan real estate attorney and investor , who monitors exchange proceeds in a separate attorney "IOLA" escrow account. The exchange funds are not re-invested in short-term risky investments, which is still the under-disclosed practice of our conglomerate competitors (see what happened to "LandAmerica 1031 Exchange Services, Inc." in November 2008).