How Does a Qualified Intermediary Facilitate a 1031 Exchange?

What is a QI (Qualified Intermediary), and how do they facilitate an IRC section 1031 exchange? Do you even need one? Well, a successful 1031 exchange isn't a do-it-yourself project. You must follow IRS rules to realize the tax deferral benefits, and you'll need a middle person, called a qualified intermediary (QI). A QI is an unrelated party who participates in the tax-deferred, like-kind exchange to facilitate the disposition of the Exchangor’s relinquished property and the acquisition of the Exchangor’s replacement property per the exchange agreement.
The Qualified Intermediary has NO economic interest except for any compensation (exchange fee) it may receive for facilitating the exchange as defined in Section 1031 of the Internal Revenue Code. A "Qualified Intermediary" is the correct technical reference according to Treasury Regulations, but the Qualified Intermediary can also known as the Accommodator, Facilitator or Intermediary while working in exchange services.
Tune in above as David Moore of Equity Advantage, 1031exchange.com walks us through the steps of facilitating a 1031 Tax Deferred Exchange in this months 1031 Exchange Blogcast!
OUR WEBSITE
------------------------
www.1031exchange.com
www.iraadvantage.net
1031 EXCHANGE FAQ
-------------------------------
www.1031exchange.com/faq/
SOCIAL MEDIA
-----------------
Linkedin: / 484108
Facebook: / equityadvantage
Twitter: / barterbro
Instagram: / equity_advantage
UA-cam: / @1031exchangeexperts
VISIT MY BLOG
----------------------
www.1031exchange.com/category...
Disclaimer: All my opinions are my own. These statements are not meant to be taken as investment advice.

[@triciadunk4159]

Thanks for sharing your knowledge!

[@1031ExchangeExperts]

Thank you for the support!

[@robertcurtis9449]

David, I enjoy your insightful videos and knowledge on 1031 Exchange

[@1031ExchangeExperts]

Thank you Robert! Please stay tuned for more and let us know if you have any questions.

[@rickschucker9697]

How much do you charge for your service?

[@motivationandtravelchannel4575]

Great video thanks for posting I am looking for one right now. I will be contacting you

[@1031ExchangeExperts]

Please give us a call! Thanks for watching and we hope to talk to you soon. (503-635-1031)

[@jevinsood5039]

How much should an exchange company charge for a 1031 exchange?

[@1031ExchangeExperts]

The fees for a 1031 Exchange can vary widely depending on the complexity of the transaction, value of the properties involved, and the specific services provided by the Exchange company. In this space - you get what you pay for!

[@papajoe5331]

does the Intermediary need to be in the State of the SALE Or can it be in other State?

[@1031ExchangeExperts]

They can be in any state! We work nationally.