Washington Exchange Services, Inc. is a specialized firm offering expert guidance as a qualified intermediary for tax-deferred real and personal property exchanges under IRC Section 1031. Founded in 1994 by attorney Richard T. Morse, the company stands out as one of the first in Washington State dedicated to facilitating like-kind exchanges, helping clients defer capital gains taxes through structured, compliant transactions.
The firm provides personalized approach, tailoring exchange structures—including simultaneous, delayed, reverse, construction, or multi-asset exchanges—to meet each client’s unique financial and investment goals. With over 20 years of experience and a strong emphasis on security and regulatory compliance, Washington Exchange Services works with individuals, partnerships, trusts, corporations, and LLCs, ensuring all client funds are protected through fidelity bonds or qualified escrow accounts as required by Washington state law.
Services Offered
- Qualified intermediary (QI) services
- Exchange accommodation titleholder (EAT) services for reverse exchanges
- Tax-deferred exchange facilitation for real property
- Tax-deferred exchange facilitation for personal property
- Simultaneous exchange structuring
- Delayed exchange structuring
- Reverse exchange structuring
- Construction exchange facilitation
- Multi-asset exchange coordination
- Consultation and education on IRC Section 1031 exchanges
Serving clients throughout the United States, the firm is led by a legally qualified professional admitted to practice in Washington State, the U.S. District Court for the Western District of Washington, and the Ninth Circuit Court of Appeals. Richard T. Morse’s extensive teaching background includes continuing education for attorneys and real estate professionals, reinforcing the company’s commitment to clarity and expertise in exchange transactions.
