1031 Tax Exchange Part 5

By
Real Estate Agent with Keller Williams Miami Beach

DO'S AND DON'TS of 1031 Tax Deferred Exchanges

Do plan in advance for the exchange. The Qualified Intermediary cannot have a fiduciary relationship with the exchanger; therefore the QI cannot give legal or tax advice. The QI does consult with the exchanger, as well as the exchanger's CPA, accountant, attorney, broker, financial planner, and lender.

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Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
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"Thanks for the great education.  I learned so much from your post."

 

Sep 24, 2012 09:02 AM #1
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