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Updated over 5 years ago,
Which qualified intermediary to use for 1031 exchange?
I’m going to list one of my rentals for sale in about a month when the tenant moves out.
I will probably net about 60K from the sale (after all transaction fees). My goal is to use about half of this net profit (30K) and re-invest into a new rental house (20% down on a ~100Kish house) to keep myself “in the game” and avoid being fully taxed for long term capital gains.
i know very little about 1031
What QI have you used? What were the fees and stipulations?
I’m in North Carolina if that matters.