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.

Comments (1)

Maureen Bray Portland OR Home Stager ~ Room Solutions Staging
Room Solutions Staging, Portland OR - Portland, OR
"Staging Consultations that Sell Portland Homes"

"Thanks for the great education.  I learned so much from your post."

 

Sep 24, 2012 09:02 AM