top of page

Welcome to

Olympic Exchange

Olympic Exchange, based in Pierce County, WA, serves the underserved South Sound market — since local, responsive exchange support matters — for all types of 1031 exchanges. 
Home: Welcome
Home: Homepage_about
Safety for Your Money

We have set up protections for your proceeds during the exchange.  You have the right to know that your money is safe during the exchange.  We take this seriously.  You have the right to have your funds held in a Qualified Escrow Account, which requires the dual signature of you and Mr. Helsdon to move funds out of the account.  Only in this way – through a Qualified Escrow or Qualified Trust – can you be assured that the bank will not release your funds without you authorizing it.

Call us to find out more, and to learn why this is so important.

Washington state law, RCW 19.310.040, requires an exchange facilitator to either maintain a fidelity bond in an amount of not less than one million dollars that protects clients against losses caused by criminal acts of the exchange facilitator, or to hold all client funds in a qualified escrow account or qualified trust that requires your consent for withdrawals.  All exchange funds must be deposited in a separately identified account using your taxpayer identification number.  You must receive written notification of how your exchange funds have been deposited.  Your exchange facilitator is required to provide you with written directions of how to independently verify the deposit of the exchange funds.  Exchange facilitation services are not regulated by any agency of the state of Washington or of the United States government.  It is your responsibility to determine that your exchange funds will be held in a safe manner.

Our 1031 Exchange Handbook

1031 Exchange Timeline

Taxpayers generally have 180 calendar days to complete their 1031 exchange.  In the first 45 days of the 1031 exchange period, the taxpayer must identify potential replacement properties.  Click here to discover the 1031 Exchange timeline from your old “Relinquished Property” until the acquisition of your new “Replacement Property”.

Hours

Mon: 8:30am - 5pm
Tue:   8:30am - 5pm
Wed: 8:30am - 5pm
Thu:   8:30am - 5pm
Fri:     8:30am - 5pm

Home: Service

(253) 512-1031 (Main)

Address

1201 Pacific Avenue, Suite 600, Tacoma, WA
P.O. Box 1219, Gig Harbor, WA 98335

(253) 414-3525 (Direct)

(253) 677-1031 (Cell)

bottom of page