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.

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.) ...

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 ...

To begin a 1031 exchange, the real estate investor enters into a contract to sell their existing property. Then, you and your client should select a qualified intermediary (QI)—an independent ...

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 ...

Since a QOZ fund requires no qualified intermediary, you are in possession of your own funds as soon as you terminate the 1031 exchange, and you can use them as you see fit until you make the ...

One of the most fundamental Section 1031 rules involves the engagement of services of a QI (Qualified Intermediary) as an independent third-party to facilitate the tax-deferred exchange.

These difficulties were in mind when Schoenholtz — along with co-founders Alex Farrill and Aaron LaRue — created Deferred, a qualified intermediary platform that handles 1031 exchanges.

"For example, the taxpayer sells investment property on Jan. 1, 2006, which he exchanges for another investment property in a delayed exchange through a qualified intermediary on March 1, 2006. He ...

That note qualifies for installment treatment under I.R.C. §453. In the example involving Molly, it is the qualified intermediary that issues the note.

Accruit, a leader in 1031 exchange solutions, is proud to announce the rebranding of its national Managed Service offering to QI Connect. As part of the rollout, Professionals representing the ...

"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 ...