The
role of the qualified intermediary (QI) in the transaction is to
hold the funds from the relinquished property in escrow while you
locate and decide which replacement property you would like to purchase.
The
QI will provide the exchange agreement, naming documents and assignment
of replacement property forms to make your exchange easy to complete.
Whether you choose to complete your 1031 exchange with a sole owner
real estate property, a TIC investment or a royalty interest in
oil and gas you will need to work with a QI to complete the exchange.
We work with the top QI’s in the industry to simplify the
process and make it painless to complete your 1031 exchange.
Need help finding a qualified intermediary to hold your exchange
funds? Here are a few that we recommend:
1031 Corporation
www.1031cpas.com
IPX 1031 www.ipx1031.com
Asset Preservation Inc. www.apiexchange.com
*Always consult with
your tax advisor before making any investment related decisions.
|
 |
| Use
a QI to avoid "constructive receipt," a common pitfall
in a 1031 exchange. |
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