I.R.C. Section § 1031 offers the taxpayer a unique opportunity to shelter income by deferring the recognition of gain which may be associated with the sale of real property. This allows the taxpayer to keep the "earning power" of the deferred tax dollars working for him or her in another investment.

LandAmerica Exchange Company is a wholly owned subsidiary of LANDAMERICA FINANCIAL GROUP, INC. formed soley for the purpose of acting as a Qualified Intermediary in 1031 tax deferred exchange transactions.