Qualified Intermediary, Section 1031 Exchanges, Iowa, Midwest, and across the US

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Home : Blogs : Ken Tharp - Section 1031 Exchanges, Iowa/U.S. : Qualified Intermediary, Section 1031 Exchanges, Iowa, Midwest, and across the US : Archives March, 2011

What Could Possibly Go Wrong? - 03/01/11 02:04 PM

"What could possibly go wrong" should not be the thinking of someone entering into a Section 1031 exchange! An individual who contemplates a Section 1031 exchange should question and understand what is going to happen to his or her money during the exchange.
In my opinion, the foremost obligation of the Qualified Intermediary during a Section 1031 exchange is to protect his clients' funds while the funds are in the care of the Qualified Intermediary. The client should fully understand exactly how his funds are to be held and what protections will be utilized for the protection of those funds. Liquidity … (1 comments)

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Ken Tharp - Section 1031 Exchanges, Iowa/U.S.

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