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14 September 2016 | 11 replies
Is the agent a transaction broker, working as an intermediary between the two parties?
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12 September 2016 | 8 replies
LOLEither way, an intermediary holds these monies.
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8 December 2016 | 11 replies
The qualified intermediary for the 1031 must be a disinterested 3rd party who cannot have any family or business ties with you.
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31 December 2016 | 11 replies
I would make more investing than being an intermediary [or even my major definite of purpose] but I learned doing what you love Is life.
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2 January 2017 | 1 reply
Hello 1031-ers.I'd like to talk to someone who had been through the process as an actual seller taking the profits and deferring the tax bill into the next property.While I love all you 1031 Experts, I'm looking specifically for someone who has done this as the seller, not the qualified intermediary.
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11 October 2016 | 9 replies
A qualified intermediary must be involved prior to the sale to take custody of the proceeds, document the 1031 on the sale and purchase closing settlement statements, and help you wade through the other requirements such as timing, title, and valuation.From the way you discuss it I get the sense that you understand the issue of intent to hold vs intent of resale.
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20 December 2016 | 3 replies
I am also willing to act as intermediary/seeker for financiers, BUT, I don't really know where to start on this type of financing.I need people who know better, to help me know how to go about this dream.
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21 October 2016 | 8 replies
However remember you must have a qualified intermediary in place prior to closing your sale and there's some other very specific requirements that can trip up an exchange.
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28 October 2016 | 18 replies
We then choose a qualified intermediary (the company that will hold the funds).
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28 October 2016 | 7 replies
Usually through a private lending platform as an intermediary, i.e. a company that takes your money and lends it to people who apply to them for financing.