Next1031

What Next1031 does

National Exchange Titleholder 1031 Co., operating as NExT1031, is a privately held boutique firm headquartered in Mesa, Arizona that provides Qualified Intermediary (QI) and Exchange Accommodation Titleholder (EAT) services for IRC Section 1031 like-kind exchanges. The firm serves sophisticated real estate investors and business property owners nationwide, specializing in the more complex reverse (purchase-before-sale) and improvement (build-to-suit) exchange structures where the firm holds title to properties in single-member LLCs during the exchange period. Co-founded by Dana R. Sobrado, Esq., and Karin A. Church — both 13-to-17-year industry veterans who previously built and operated the country's largest reverse and improvement exchange practice at IPX1031 — the firm differentiates through an attorney-led service model in which veteran attorneys handle every exchange personally from intake through completion, with no hand-off to processors.

NExT1031's product portfolio spans four core exchange structures: reverse exchanges, improvement exchanges, delayed exchanges, and simultaneous exchanges, supplemented by qualified escrow accounts and LLC titleholding services for parking transactions. The firm emphasizes maximum fund and property security, maintaining segregated client accounts at FDIC-insured institutions, E&O insurance, and fidelity bond coverage, and positions compliance with IRC Section 1031, Treasury Regulations, and Revenue Procedure 2000-37 as a core competency. Revenue is generated through transaction-based fees that are quote-based and not publicly disclosed. Distribution is entirely direct, with no resellers, marketplaces, or intermediaries; deal flow comes through professional referrals from attorneys, accountants, and lenders, supported by an extensive educational white paper library.

The firm operates as a founder-controlled private corporation with no disclosed external equity backing, no parent company, and no subsidiaries. Its competitive positioning rests on deep regulatory expertise, the principals' track record of 4,000+ exchanges facilitated and 1,000+ parking transactions supervised, and a trust-intensive service model appropriate for transactions involving significant capital and high-stakes tax outcomes. The company maintains a defensive posture toward the regulatory framework on which its business depends, dedicating content resources to monitoring threats to IRC Section 1031.

Name

Next1031

Legal name

National Exchange Titleholder 1031 Co.

Website

https://next1031.com

Company type

Private

Operating status

Operating

Short description

NExT1031 is a Mesa, Arizona-based boutique firm providing Qualified Intermediary and Exchange Accommodation Titleholder services for IRC Section 1031 like-kind exchanges, specializing in complex reverse and improvement exchanges for sophisticated real estate investors and business property owners across the United States.

Ownership category

akta.pro rank

Product category

Qualified Intermediary Services

NAICS

Trusts, Estates, and Agency Accounts (52592), Miscellaneous Intermediation (523910)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

1031 Exchange Intermediary Services (BPAJAOAL)

akta.pro secondary industries

Document Preparation & Recording Services (Deeds, Liens) (BPAJAOAG), Real Estate Fraud Prevention & Compliance Services (KYC/AML, Wire) (BPAJAOAM), Escrow, Trust & Agency Services (escrow, paying agent, trustee) (FSABAIAI), Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB)

Keywords

• 1031 exchange services
• Qualified intermediary services
• Like-kind exchanges
• Exchange accommodation titleholder
• Tax-deferred exchanges

Headquarters

HQ city

Mesa

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Qualified Intermediary Services: NExT1031 acts as a Qualified Intermediary (QI) for like-kind exchanges, holding exchange funds and facilitating the exchange transaction structure. The firm also serves as an Exchange Accommodation Titleholder (EAT) for reverse and improvement exchanges, holding title to properties during the exchange period. Revenue is generated through fees for exchange facilitation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Next1031 acts as a Qualified Intermediary (QI) and Exchange Accommodation Titleholder (EAT) for IRC Section 1031 like-kind exchanges. The firm facilitates tax-deferred property transactions by holding exchange funds in qualified escrow accounts and parking replacement property titles in single-member LLCs (Parker Trust structures) under IRS safe harbors. It supports delayed, simultaneous, improvement, and reverse exchanges for real estate investors, business property owners, and the tax/legal professionals advising them.

Product overview

NExT1031 is a like-kind exchange boutique offering a full line of Qualified Intermediary (QI) and Exchange Accommodation Titleholder (EAT) services for IRC Section 1031 exchanges. The company offers three core exchange structures: Reverse Exchanges (purchase-before-sale), Improvement Exchanges (build-to-suit transactions), and Delayed Exchanges (standard sell-first-buy-later), plus Simultaneous Exchanges. Additional services include Qualified Escrow Accounts and LLC Titleholding for parking transactions. All exchanges are processed by experienced attorneys, with no hand-off to processors after initial intake.

Differentiator

Problem solved

Functional benefit

Products and services

• Qualified Intermediary (QI) Services Acts as the Qualified Intermediary required by IRS safe harbors to hold exchange proceeds in a qualified escrow account for delayed, simultaneous, and improvement 1031 exchanges, accepting assignment of the buyer's and seller's rights in the exchange agreements so the investor avoids constructive receipt. Targeted at real estate investors and business property owners executing IRC Section 1031 like-kind exchanges, and at the CPAs and attorneys advising them.
• Exchange Accommodation Titleholder (EAT) / Reverse Exchange Services Provides Exchange Accommodation Titleholder services that allow the client to acquire replacement property before the relinquished property is sold, by parking the replacement property's title in a single-member LLC (Parker Trust structure) until the exchange can be completed. Designed for real estate investors facing timing constraints where replacement property must close before the sale of the relinquished property.
• Improvement Exchange Services Facilitates 1031 exchanges in which exchange funds are used to construct or improve replacement property while held by the Qualified Intermediary, complying with IRS rules on improvements and avoiding constructive receipt. For real estate investors who have sold relinquished property and need to build out or refurbish replacement property within the exchange window.
• LLC Titleholding Services Establishes and manages single-member LLCs (commonly known as Parker Trust structures) that take title to replacement property on behalf of the investor during the reverse or improvement exchange, then assigns the membership interest back to the investor at exchange closing. Targeted at EAT/reverse exchange clients of Next1031 and, by extension, their CPAs and attorneys.

Quantifiable outcome

• Over 4,000 successful exchanges facilitated by principals
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• IPX1031 (Investment Property Exchange Services, Inc.)notableStrategic or Co-development PartnerPrior to co-founding NExT1031, CEO Dana Sobrado served as Vice President of IPX1031 and Assistant Manager for the National Reverse and Improvement Exchange Division. This prior affiliation represents industry experience and reputation building rather than an active commercial partnership. Dana developed expertise with securitized financing parking transactions, aircraft exchanges, and multi-million dollar complex exchanges during her 13-year tenure at IPX1031.

Scale indicators6 records

Recent moves1 record

Expansion highlights4 records

Emerging players

• Realized 1031: Technology-enabled 1031 exchange platform providing QI services plus DST/Delaware Statutory Trust investment options. Comparable to Next1031 in core QI function but differentiated by tech-enabled onboarding and adjacent DST marketplace.

Broad incumbents

• First American Exchange Company: QI subsidiary of First American Financial, one of the largest U.S. title insurance companies. Provides 1031 QI services at scale alongside broader real estate services; competes on national reach and brand trust.
• 1031 Exchange Solutions (WFG): 1031 exchange division of WFG National Title, offering QI/EAT services as part of broader title and escrow platform. Comparable in QI offering but benefits from national title infrastructure.
• Chicago Title 1031 Exchange: 1031 exchange arm of Chicago Title Insurance Company (FNF). Offers QI services leveraging parent title and escrow infrastructure; comparable to Next1031 in offering but with vastly larger parent resources.

Direct peers

• Asset Preservation, Inc. National qualified intermediary specializing in 1031 exchanges including complex parking and improvement exchanges. Directly comparable in services, target customers (real estate investors), and product breadth.
• Stark 1031 Exchange: National QI offering delayed, reverse, and improvement exchanges to real estate investors. Comparable in core services and customer segment, with overlapping referral-based GTM model.
• National 1031 Center: Qualified intermediary offering delayed, reverse, and improvement exchanges to real estate investors nationwide. Comparable boutique-style competitor with similar product set and customer base.
• Exeter 1031 Exchange Services: Specialized qualified intermediary providing QI and EAT services for 1031 exchanges, including complex reverse and improvement structures. Comparable boutique peer serving similar investor and business property owner segments.
• Equity Advantage 1031 Exchange: Specialized QI/EAT firm focused on 1031 exchanges including reverse and improvement structures. Comparable boutique-to-mid-size competitor serving real estate investors with similar transaction-fee revenue model.
• IPX1031 (Investment Property Exchange Services): Largest dedicated qualified intermediary in the U.S., offering QI and EAT services for delayed, reverse, and improvement exchanges. Most direct competitor to Next1031; CEO Dana Sobrado previously served as VP at IPX1031, making it the most comparable peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Next1031