1031 Exchange - factors for selecting Accomodator

[Richard Chang]

Hi all,

Can the experts lend a hand in what to watch out for when picking a company to handle the exchange ?

1. Should the company be in the same state for the purchasing side to understand any relevant laws and local issues ?

2. How to avoid issues with company mishandling of funds ( liability ) ?

3. What guidelines should be used in selecting the company ?

4. If the company screws up then my 1031 Exchange is disqualified and then would be taxable ?

Thanks, Rich