Jose Ortiz
First but then sale to use a 1031?
17 May 2023 | 5 replies
@Jose Ortiz, The 1031 process has to be managed by an unrelated 3rd party called the qualified intermediary.
Sarah Walker
1031s and LLC
13 May 2023 | 2 replies
And 1031s are not applicable to selling your personal residence anyway.If you're selling a rental property, then 1031 may be a good move - again, depending on the numbers and dates.Husband-wife LLCs do not create a problem for 1031s.Your most important move now is to reach out to a qualified intermediary (QI) - specialists who handle 1031s.
James York
New Construction 1031 Help
14 July 2021 | 1 reply
Is there anything wrong with transferring title to my builder, having an intermediary hold proceeds from sales (of relinquished property) and then pay builder and then transfer title to me upon completion?
Ryan Pritchard
Locks for Long Distance AIRBNB
4 May 2023 | 12 replies
I like the Schlage Lever locks for most applications which can last nearly a year with one set of batteries.As a general rule, be careful or have local help on hand if using any of the WiFi based locks: WiFi-based locks use much more power than locks that interact with an intermediary hub or plug-in accessory, since those locks are most often lower energy Bluetooth at the lock and the hubs just stay plugged into the wall.
Ari L.
Should I hold, sell or do a 1031?
7 July 2017 | 11 replies
., You should consult with your tax advisor in order to determine what tax consequences (write-offs/deductions) might be available due to the refinance.Refinancing immediately prior to a 1031 Exchange transaction can be risky, so be sure to consult with your tax advisor, legal advisor and Qualified Intermediary if you are thinking about refinancing just prior to a 1031 Exchange.
Carolyn Guertin
Beware of Cozy, the Landlord Site
8 February 2021 | 94 replies
To top it off, Cozy acting as intermediary greatly increases the risk of successful reversals to the landlord.
John Cho
Question about 1031 intermediaries
12 September 2020 | 7 replies
"What is the difference between different intermediaries or how would you evaluate them assuming basic conditions are met"Outside of a QI Members Association, I don' think they have certs.
Chad Martinson
I’m looking for regulations/licensing requirements for brokering notes.
25 May 2023 | 16 replies
Long term success for any intermediary in any field is obtained by bringing value to a client(s).
Stephen Jones
Selling a 42 unit portfolio to 1031 exchange into a 100 unit Apt Complex
11 May 2023 | 9 replies
I'd find a Qualified Intermediary now before you put things in motion to understand all the ins and outs.
Kristen B.
CPA suggestions for the Tampa Bay area?
22 December 2015 | 5 replies
We are the Qualified Intermediary for 1031 Exchange we work nationally and I am at the Fort Lauderdale office in Florida.Have a good day.