Everyone knows you need a Qualified Intermediary (QI) to facilitate your 1031 tax-deferred exchange. Sure, the QI prepares your 1031 exchange agreement, coordinates with the closing agents and holds your exchange proceeds but a good QI does a lot more than that. Regardless of your role in the transaction, a good QI should be your partner throughout the exchange process and that includes the planning stage thru the tax reporting stage.
Exchanging Thoughts
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Topics: Role of Qualified Intermediary, Qualified Intermediary (QI), 1031 transaction, 1031 resource, 1031 Exchange