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1031 Tax-Deferred Property Exchanges
Exchangers' Benefits
Why choose City National Bank as an accommodator?
- By choosing City National Bank, the exchanger will have the security of a strong and experienced financial institution as their accommodator.
- All the interest earned on the exchange proceeds invested in a City National Bank Money Market account or Certificate(s) of Deposit will accrue to the benefit of the exchanger.
- City National Bank is a member of the Federation of Exchange Accommodators.
- The exchanger’s mind will be at ease knowing that, at City National Bank, the funds are safe and earnings increased.
About City National Bank’s Real Estate Group
City National’s Real Estate Group has been committed to satisfying the financial needs of real estate developers and investors since 1954. We provide financing for projects of all types and sizes. Our experienced relationship managers and our streamlined approval process result in service unparalleled in the industry. In addition, our on-site processing and servicing staff are dedicated to
meeting deadlines promptly and efficiently.
Getting Started
Discuss the 1031 deferred property exchange with your accountant and/or tax attorney. To learn more about how our Real Estate Group can help you, contact us or call (213) 673-8200.
City National Bank does not provide tax or legal advice regarding the tax consequence of a transaction. Investors considering an IRC Sec. 1031 tax deferred exchange should consult with their own tax advisor or attorney to obtain professional tax and legal advice.
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