Qualified intermediary: The proceeds from the sale must be held by a qualified intermediary, who facilitates the exchange and ensures compliance with IRS rules. 1031 Exchange Process ...

2. Choose A Qualified Intermediary You’ll need to work with a qualified intermediary, also known as an exchange facilitator, to manage the 1031 exchange.

DENVER, Oct. 18, 2021 /PRNewswire/ -- Accruit, a leading national qualified intermediary and technology-backed managed service and SaaS provider of 1031 like-kind exchanges, today announced the ...

2. Find a Qualified Intermediary Logan Allec, CPA and owner of tax relief company Choice Tax Relief, notes, “Qualified intermediaries are usually separate companies that do only this.

The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security. The IRS said in an email Monday that it plans to soon transition the ...

Connect with a 1031 intermediary. One of the most common and costly mistakes investors make when it comes to 1031 exchange is not connecting with a 1031-qualified intermediary prior to close of ...

Accruit is a leading independent, national Qualified Intermediary with over 20 years in the 1031 exchange industry, providing 1031 exchange service across all 50 states and specializing in all ...

For this reason, you should work with a reputable, qualified intermediary and tax advisor to navigate the 1031 exchange process well ahead of the start of the transaction (s.) ...

"In early 2008, IRS cautioned taxpayers about recent incidents of qualified intermediaries declaring bankruptcy or otherwise unable to meet their contractual obligations," said TIGTA inspector general ...

The IRS has provided a safe harbor for taxpayers who start a like-kind exchange but fail to complete the exchange because the qualified intermediary (QI) goes bankrupt and defaults on its obligation ...

"Becoming a qualified intermediary expands our role as a full-service solution provider in the like-kind exchange and escrow space," said Jack Beeson, head of Wilmington Trust's Global Capital ...

2. Find a Qualified Intermediary Logan Allec, CPA and owner of tax relief company Choice Tax Relief, notes, “Qualified intermediaries are usually separate companies that do only this.