Current 1031 Introduces 3% Interest on All Exchange Funds, Held with Capital One

A $10 million exchange held for the full 180 days earns approximately $147,000 in interest, paid directly to the investor.

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--Current 1031, a Qualified Intermediary (QI) founded by veteran real estate and finance professionals, today announced a 3% interest rate on all client exchange funds, with no size tiers or minimums. Funds are held at Capital One, and interest is paid at the conclusion of the exchange.

A 1031 exchange allows real estate investors to defer capital gains taxes by reinvesting sale proceeds into a like-kind replacement property within 180 days. During that period, exchange funds are held by a Qualified Intermediary. At a 3% interest rate with Current 1031, a $10 million exchange held for the full 180-day period would accrue approximately $147,000 in interest; a $25 million transaction would accrue approximately $369,000 over the same window. Current 1031 charges a flat fee of $1,500 per exchange with no hidden costs.

“Every dollar sitting in an exchange account should be working for the investor, not sitting idle,” said Brad Wetherby, co-founder of Current 1031. “With 3% interest on funds held at Capital One, we are putting real, meaningful money back into the hands of our clients.”

A Resource Built for Real Estate Brokers and Advisors

For most real estate brokers, the QI conversation happens at the end of a transaction. Current 1031 moves that conversation to the beginning. When a broker introduces a QI that provides a 3% interest rate on exchange funds at Capital One, that broker provides a quantifiable benefit to the client that strengthens the broker’s advisory relationship.

About Current 1031

Current 1031, LLC is a Qualified Intermediary facilitating IRC Section 1031 like-kind exchanges nationwide. The firm holds all exchange funds in segregated accounts at Capital One and pays 3% interest on every client exchange, with no size tiers or minimums. Founded by veteran real estate and investment professionals, Current 1031 combines institutional-grade fund security, experienced guidance, and flat-fee pricing. Learn more at current1031.com.

Disclaimer: Current 1031 does not provide legal or tax advice. Investors should consult their own tax and legal advisors regarding 1031 exchanges and related matters. Interest rates are subject to change.