Who We Help
We help individuals and businesses, foreign and domestic, selling and replacing real estate.
How We Help
We defer federal and state capital gain and depreciation recapture taxes by providing qualified intermediary services to accommodate or facilitate simple and complex, foreign and domestic, forward and reverse, 1031 tax deferred exchanges of real property held either for use in business or investment.
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Andrew Gustafson – President and Founder
Certified Exchange Specialist® accommodating Internal Revenue Code §1031 tax deferred exchanges for individuals, trusts and businesses selling real property held for business or investment since 2003.
Andy Gustafson is a managing member of Atlas 1031 Exchange, LLC, a worldwide accommodator of Internal Revenue Code Section 1031. He founded the company in 2007 and has spoken to hundreds of investors at Wealth Camps, Real Estate Investment Clubs nationwide and National Association of Realtor GRI-3 classes. As an approved continuing educational provider, he has helped hundreds of Realtors, Attorneys, and CPAs understand the application of the 1031 code. To date he has accommodated over 2,900 simple and complex, real property 1031 exchanges.
In 2006, Mr. Gustafson qualified and received the professional designation of Certified Exchange Specialist® (CES®) created by the Federation of Exchange Accommodators to set a standard of 1031 accommodator ethics and excellence. The CES® recognizes his expertise and commitment to providing clients with prudent investment standards and procedures ensuring security and compliance with IRS 1031 regulations. He works with owners of highly appreciated and depreciated assets deferring capital gains through 1031 exchanges.
In 2003, Mr. Gustafson co-founded Old South 1031 Exchange Services, LLC located in Destin, Florida and in 2007 established Atlas 1031 Exchange, LLC. As President and Managing Member, he has accommodated over 2,900 forward and reverse exchanges of real and personal property in the US, India, Israel, England, Australia, New Zealand, Germany, France, Denmark, China and Belize.
A native of West Lafayette, Indiana, Mr. Gustafson graduated from Vanderbilt University with a Bachelor of Arts in Economics in 1978. For 13 years prior to entering the 1031 exchange industry, he worked in the Enterprise Resource Planning (ERP) manufacturing software market helping companies in North, Central and South America improve production efficiencies.
Tom Gustafson
Manager
Tom graduated from the University of Central Florida in 2006 with a Bachelor of Arts in Communications. His work experience includes technology sales with Apple, business development for an interactive marketing agency and most recently Vice President of Operations at Rifle Paper Company, a consumer goods and services company in Winter Park, Florida.
In addition to his role as a Qualified Intermediary with Atlas 1031, he is also a Notary Public in the state of Florida and sits on the board for Live Trends Design. Recently, he has joined the Membership Committee for the Federation of Exchange Accommodators and has become a Florida Realtors Faculty Member teaching courses in Tax Deferred Exchange all over the state of Florida.
Peter Tomlin – Vice President
A native of Greenville, South Carolina, Mr. Tomlin graduated from Vanderbilt University with a Bachelor of Engineering in Chemical and Biomolecular Engineering in 2011 and an MBA from the University of Chicago Booth School of Business in 2019.
Prior to entering the 1031 exchange industry, he worked in strategy consulting and private equity and real asset investing. He began his career as a field engineer in the oil & gas industry.
The experienced Atlas 1031 team assembled to facilitate 1031 exchanges includes:
- Qualified Intermediary accommodating 1031 exchanges.
- Certified Exchange Specialist® following prudent investment standards, Code of Ethics, and knowledge of current 1031 Internal Revenue Service Revenue Procedures;
- Banking Service Providers providing Qualified Escrow Accounts, FDIC security and 24 hour transparency;
- Advisory Board comprised of CPAs, Attorneys and Title Companies.
To learn more, Contact Us and follow us on Twitter, Facebook or LinkedIn to receive IRS updates on 45 and 180 day extensions and pertinent Court rulings.
