A qualified intermediary is commonly used in a deferred exchange to facilitate transfers and help prevent constructive receipt of exchange funds. Investors should examine experience, funds-handling controls, banking arrangements, cyber-security practices, insurance, documentation, conflicts and escalation procedures. 1031.Exchange does not designate a firm as suitable for a specific transaction.
Professional use
Use this resource to frame questions for your qualified intermediary, CPA, attorney, broker and lender. Facts and deadlines should be verified against current law and the circumstances of the transaction.
Primary reference: view source.