Press Release

Providence, RI - September 26, 2005
All States 1031 Exchange Facilitator, LLC, (All States 1031) a national company that assists both individuals and businesses in deferring capital gains tax on commercial and investment transactions, announces the the addition of Alexandra L. Hart as its new Vice President. Alexandra comes to the company with experience in sales and management. In her short time with All States 1031 she has already proven to be a worthy and professional asset to the company.

All States 1031 is a leading provider of Internal Revenue Code Section 1031 exchange consulting and Qualified Intermediary services. Our mission is to provide timely, accurate, and personal exchange services to our clients and their professionals in order to assist them through the 1031 exchange process in a manner that develops mutual trust based upon our experience and by maintaining the highest levels of security for their exchange funds.

All States 1031 extensive tax-saving programs for real estate and personal property include forward 1031 exchanges, safe harbor reverse exchanges under Revenue Procedure 2000-37, non-safe harbor reverse exchanges and construction exchanges. The clients of All States 1031 range from individual owners of multifamily housing to public and private companies owning large commercial properties. All States has closed billions of dollars in tax-deferred transactions.

To learn more about 1031 Exchanging, visit All States 1031 at www.allstates1031.com or contact
Don McNally toll free at 1-877-395-1031.