A team for delayed, reverse, and improvement exchanges
1031 Strategies & Services Group includes Independent Exchange Services, Inc. and Reverse Exchange Services, Inc.
The team coordinates exchange documents, property transfers, funds, deadlines, title, escrow, lenders, and advisors. Each person has a specified role.
Learn how the two companies work together, compare their exchange services, and review credential and independent-profile sources.
Ralph B. Bunje, Jr.
Role: Chairman. Credentials: Certified Exchange Specialist, inactive Certified Public Accountant, Master of Business Administration in Tax, and Master of Science in Accounting.
Ralph started work on Section 1031 matters in 1978. He was a founder of Independent Exchange Services, Inc. in 1980.
His work includes accounting, tax matters, real estate finance, exchange planning, and organization development.
Ralph served as a Federation of Exchange Accommodators president. He also serves as a director and as a leader of Reverse Exchange Services, Inc.
Billie Sue Records
Role: Principal. Credential: Certified Exchange Specialist.
Billie Sue has experience in operations, management, commercial real estate, investment, agriculture, and charitable work.
In 2007, she designed a Qualified Intermediary department for Mission Bank in Bakersfield, California.
Her exchange work includes delayed, reverse, construction, and other Section 1031 transactions.
Ian Bunje
Role: President. Credential: Certified Exchange Specialist.
Ian has coordinated Section 1031 exchanges for more than two decades. He helps lead the exchange-services group.
Ian has served in leadership roles with the Federation of Exchange Accommodators and the Certified Exchange Specialist Council.
Kris Champion Morton
Role: Principal.
Kris has more than 20 years of administrative experience with the group. She leads administrative work for the exchange process.
Frank Nishimoto
Role: Vice President and Comptroller. Credential: Certified Public Accountant.
Frank has experience in financial management. His prior work includes more than 20 years as a division controller for Clorox.
Frank manages financial accountability for client exchange funds.
Jeff Lowenstein
Role: Principal.
Jeff has more than 20 years of business-operations experience. His work includes company management, data security, and information compliance.
What the credentials mean
The Federation of Exchange Accommodators explains the Certified Exchange Specialist program. Confirm individual credential standing with the issuer and keep any inactive license designation distinct from an active license.
No credential replaces transaction-specific tax or legal advice. The taxpayer must use qualified advisors for those decisions.
Contact the team
Call 888-747-1031 to route a transaction. Give the sale, purchase, deadline, and requested service facts.
This page gives general information. It does not give tax, legal, accounting, investment, cybersecurity, or financial advice.