security of funds: 1031 Exchanges - Say What? Terminology Part #2 - 04/11/08 12:56 AM
 1031 Exchange Terminology Part #2
MORTGAGE BOOT: This occurs when the Exchanger does not acquire debt that is equal to or greater than the debt that was paid off on the relinquished property sale; Referred to as "debt relief". This creates a taxable event.
QUALIFIED INTERMEDIARY: The entity who facilitates the exchange; Defined … (0 comments)

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Real Estate - Other: Lisa Lambert, Esq. (1031 Exchange Expert) (Asset Preservation)
Lisa Lambert, Esq. (1031 Exchange Expert)
Bakersfield, CA
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