What is a commingled account...?

This question was asked by one of our visitors at expert1031.com. It made us aware that some terms we toss around regularly aren't necessarily familiar to others. Some people are new at real estate investing, and others have been doing it a long time, but for one reason or another have never encountered the term.

A commingled account is simply this: a lot of different people’s money combined into one account. In regulated industries, like real estate or securities investing, this can be illegal and is certainly unsafe.

In unregulated industries like the 1031 exchange industry, it’s not illegal, but remains just as unsafe. The 1031 Exchange Experts have never comingled accounts for that very reason.

Many other 1031 exchange companies SAY they don't commingle accounts, but really do. By asking the right questions, there's a way you can find out which are which. Of course if we publish those questions here, the dishonest companies will simply use the info to further their charade (they subscribe to Tee-Shots too).

Call us and we'll tell what questions to ask, and how to ask them.

--The Experts