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27 June 2021 | 3 replies
It’s my understanding I need a qualified intermediary.
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1 July 2021 | 4 replies
Being that the mortgage broker is an intermediary between you and the lender, you most likely will incur more fees.
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29 June 2021 | 9 replies
I would double-check with a 1031 qualified intermediary on this just to be sure.
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20 July 2022 | 16 replies
IF what I am thinking is correct, your LLC needs to sell the property (via a qualified intermediary) and the 1031 purchase must be done by the LLC.
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31 July 2022 | 30 replies
If you can make all the arrangements yourself (or I usually let the tenants arrnange for the repairmen since I'd just be an intermediary messenger making the schedule), why do you need to pay for some fancy scheduling/messaging system?
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19 July 2022 | 6 replies
I'll let one of the intermediaries that knows the ins and outs of the rules comment on the actual timeframe, but if you are willing to wait a bit to move into your primary it may give you some tax relief.
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26 July 2022 | 4 replies
Have you already closed on the sale with not qualified intermediary?
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8 August 2022 | 4 replies
your Qualified intermediary for the 1031 takes title to the new property in a special entity and holds it for up to 6 months while you sell your old property.
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30 July 2022 | 5 replies
@Cheryl Burd, The first and foremost requirement is that you must use a qualified intermediary to document the exchange and hold the proceeds.
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31 July 2022 | 5 replies
Check with someone who knows before you get yourself and both the buyer and the seller in trouble with you as an intermediary