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Steven Monk (Exeter 1031 Exchange Services) Services for Real Estate Pros

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Steven Monk
location_on Merced, CA — Exeter 1031 Exchange Services
Get to Know Steven Monk

About Exeter 1031 Exchange Services

"If you're not part of the solution, you're part of the problem" is a motto Steve Monk, Vice President and Regional Manager of Exeter 1031 Exchange Services, LLC takes to heart both in his business and personal life. Whether it be working with developmentally challenged children and adults, as a coach for the Fresno Junior Grizzlies League or helping clients outline their options for tax-deferred exchanges, often finding unique options not presented by other companies, Steve is committed to helping others surmount challenges and resolve their problems.

I also apply this philosophy to my personal life. I'm a coach for the Fresno Junior Grizzles League, which is a baseball league for developmentally challenged children and adults. The other day I was pitching to one of the kids and he couldn't make contact with the ball. After a few pitches I placed the ball on a tee and showed him how to swing. When he hit the ball he was so excited he forgot to run to first base. Excitement and happiness in its purest form.

Certifications

Overview of 1031 Exchange Services

Exeter 1031 Exchange Services, LLC is a leading national provider of comprehensive 1031 Exchange services, which include functioning as the Qualified Intermediary ("Accommodator") and/or the Exchange Accommodation Titleholder for forward ("delayed"), reverse, and improvement ("build-to-suit") 1031 Exchange strategies for both real estate and personal property transactions. 

Nationwide 1031 Exchange Services

Exeter works with individual, corporate and institutional clients in all 50 states providing creative solutions for complex 1031 Exchange transactions. Your dedicated client account team will provide customized programs to meet your unique 1031 Exchange needs no matter where you or your investments are located.

Exceptional 1031 Exchange Expertise, Experience and Knowledge

You need much more than just a 1031 Exchange processor in today's real estate marketplace.  1031 Exchange transactions are complex income tax structures that require creative, customized solutions in order to meet your needs.  Exeter is a sophisticated institutional Qualified Intermediary that can provide you with much more than just the standard processing capabilities.

At Exeter 1031 Exchange Services, LLC, we have the technical expertise, decades of experience and significant in depth knowledge necessary to structure and customize a 1031 Exchange solution to fit your specific investment objective and to guide you through your 1031 Exchange transaction.  Exeter is there for you every step of the way. 

In addition, Exeter has the financial strength, stability, equity capital and administrative resources to ensure the successful completion of your 1031 Exchange transaction.

 

http://exeterco.com/

Areas of Expertise

I focuse my profession specifically with 1031 exchanges which are possible through IRS Section 1031. A 1031 exchange allows investors to suspend income tax liabilities that arise from the sale of rental property. Such a suspension can be indefinite, providing the investor maintains his exchange of like-kind rental properties throughout his life, a method Steve Exeter has termed "swap ‘til you drop." Both partial and full tax deferrals are available, depending on the certain conditions met by investors.  "Sellers must meet certain requirements to defer 100 percent of federal, and in most cases, state, capital gain and depreciation recapture income tax liabilities on the sale of investment property. Generally, for full tax deferral, the seller must acquire like-kind replacement property that is equal to or greater in net value than the relinquished property; must reinvest all of the net proceeds or cash from the sale of the relinquished property; and, must replace the same amount of debt that was paid off on the sale of the relinquished property with new debt of an equal amount on a like-kind replacement property."

Testimonials

I've had the great pleasure of knowing Steve Monk for a number of years and in a variety of capacities.  I've known him as a 1031 exchange specialist, as a advisor and as a friend.  I can whole-heartedly recommend Steve for any exchange someone may have.  He possesses the qualities that will enable him to excel in any professional endeavor.  He is focused, creative, hard working, and most importantly a knowlegable person.

Steve has never taken on anything that he didn't give 100% of himself.  He's tireless and eager, excited by new challenges.  He's motivated, organized and intelligent.  For all of these reasons, I can without reservation, recommend Steve Monk  as anyone QI.

J Cosart

RE Investor

"He's caring and tolerant and one of the few people that really gives back. His integrity is above reproach; he's a perfect gentleman.... If more were like him this country would be a whole lot better."

RE Agent

B Folland, Financial Planner at Montauk Financial, references Steve Monk's superb knowledge of 1031 exchanges: "He is as knowledgeable as anyone I've ever met in the 1031 industry. He's very client oriented- he's done a great job for my clients and I.... I recommend him very highly."

Al Zaldanna, who works with Steve in community service, states: "Steven Monk is tremendous. He takes time even though he's busy at work. He's patient and great with these kids that want to learn so much."

            Diligent, honest, and committed to excellence, Steve Monk is an outstanding choice for investors interested in 1031 exchanges. He devotes himself fully to his clients and works closely their tax attorney and CPA to help advise the client on the appropriate method in which to use to complete the exchange.  With over twenty-two years of experience in real estate and 1031 exchanges Steve's knowledge is invaluable to his clients.

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If you're not part of the solution, you're part of the problem. A 1031 exchange could be part of your solution!