Qualified Intermediary vs 1031 Exchange Expert

Basics

1031 Basics Why Exchange Qualified Intermediary What Can Be Exchanged Types of Exchanges

Strategic Property
Exchanges, LLC
11353 Reed Hartman Hwy.
Suite 300
Cincinnati, OH 45241

Toll Free: (800) 427-7212
Phone: (513) 412-3481
Fax: (513) 412-3482

We are a qualified 1031 exchange company

Qualified Intermediary

Even the name seems a little complicated. I always take in a breath when a client asks me to describe why they need a Qualified Intermediary. This is made a little more complicated by the use of related names, such as accommodators or exchange facilitators.

What is a QUALIFIED INTERMEDIARY?

A Qualified Intermediary is an independent party that facilitates a tax-deferred exchange.
The Internal Revenue Service requires the use of a QUALIFIED INTERMEDIARY for a Section 1031 Exchange to qualify under their regulatory "safe harbor".
The sale proceeds are held by the QUALIFIED INTERMEDIARY until they are needed to acquire the replacement property.

That's it.