And the qualified intermediary for the 1031 must have prepared documents that become part of the closing of your sale.  

We are meeting with an agent who is an intermediary on Tuesday, the buyer is using, saving 3% of the fee.  

Every investor needs to have their exit strategy in mind in order to maximize the money we get to keep when we sell.Mark is a Certified Exit Planner and Certified Business Intermediary with Performance Business Advisors, LLC.

In a monetized installment sale you defer the taxes by selling on an installment contract (seller financing) through an intermediary.

When you sell the duplex you can take the portion of the sale that is allocated to the investment side and use a 1031 exchange to take the proceeds under the direction of a qualified intermediary and buy other investment property.  

Furthermore, the blockchain makes it possible to remove third-party intermediaries who essentially are there to guarantee that a transaction has indeed occurred, and there by adding unnecessary costs to the transaction. 

The timeframe for completing a 1031 is 45 days to identify replacement property, 180 days to close, but you have to start the process of working with a qualified intermediary prior to selling the property, because the funds must be help in escrow by the QI, so in your case I believe it is too late at this point in time unfortunately, because you have probably already dispersed the proceeds from closing into a personal account. 

looking for best qualified intermediary for 1031 exchangeproperty Location: Chicago, IL 60618 two flat potential replacement property Location: Park Ridge, IL 60068 SFH for rental

Make sure you talk to your attorney and CPA about setting up a QI (Qualified Intermediary) account for funds from the sale and the formal filing procedures for the 45/180 day rule (45 days to identify the property and 180 days to close on it).

There’s a lot of ways you can approach this: from the direct sync to a WiFi lock to property management system like Porter (with fees), Schlage’s own key generation subscription service, or through use of a SmartHub system to act as the “intermediary” between your phone and your lock.