What is a Qualified Intermediary?
A qualified intermediary is typically a financial institution that agrees to hold funds paid for a real estate asset that is being used in a 1031 Exchange. The intermediary agrees to oversee the 1031 process, typically by entering into a contract with the seller, so that the seller never has constructive receipts of the proceeds from the property sale. The intermediary cannot be a related party.
Easily save clients thousands in taxes.
Scan client returns.
Uncover savings.
Export a professional tax plan.
Tax strategies to save every dollar you deserve
Instead helps you find every eligible tax strategy, from basic credits and deductions to complex scenarios, ensuring you maximize your savings.
Start your 30-day free trial
Designed for businesses, individuals and their accountants, Instead
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.