The Value of a Professional Intermediary in 1031 Exchanges

A professional intermediary, often referred to as a qualified intermediary (QI), plays an essential role in 1031 exchanges. When selling a home, their expertise can prove invaluable, offering a host of benefits. Facilitating the Exchange  A qualified intermediary plays a crucial role in facilitating the 1031 exchange process. They not only hold the funds from the sale of the relinquished property but also manage these funds until they can be seamlessly transferred into a new property.…