Exchanging Thoughts

The Role of the Qualified Intermediary and the 1031 CORP. Advantage

Posted by Ellie Trovato on Tue, May 22, 2018

Whether you are playing a game, handling a transaction or running day to day operations in your office, it is always important to surround yourself with dedicated professionals working toward a common goal. The same is true in a 1031 exchange.  Today’s Tuesday Tip will address the role of the Qualified Intermediary (QI) and why it is important to do your research when choosing a QI.

Read More

Topics: regulation of QIs, Qualified Intermediary (QI), 1031 exchange; Role of Qualified Intermediary, 1031 CORP., Role of Qualified Intermediary, section 1031, Qualified Intermediary

Consulting your Tax Advisor Should be Step 1

Posted by Margo McDonnell on Tue, Jul 24, 2012

Our tip today is to always discuss your proposed 1031 exchange with your tax advisor before proceeding.  While a 1031 exchange is an excellent tax-deferral strategy, it is not the right strategy for every situation. You and your tax advisor should discuss your short and long-term objectives and determine if the proposed 1031 exchange will help you get there. 

Read More

Topics: 1031 exchange; Role of Qualified Intermediary, 1031 CORP.