A MBB only acts as intermediary between lender and borrower.

You can treat the receipt of the earnest money deposit as taxable boot, and defer everything else through the 1031 Exchange, or you can contribute the earnest money deposit back into escrow, then structure the 1031 Exchange transaction with a Qualified Intermediary, so that everything would be tax-deferred.Has the property been held, treated and reported as rental, investment or business use property since you in your sibling inherited the property customer.

Looking for recommendations for a 1031 exchange intermediary in Wisconsin.

The word is spreading about retirement planning with SFR, and we met a few innovative wholesalers who found a way to pivot and satisfy that demand in a new way: they are becoming retailers.According to dictionary.com , "A wholesaler is an intermediary entity in the distribution channel that buys in bulk and sells to resellers rather than to consumers

@Mindy Jensen The easy way to identify the REAL principal buyers in any given market and not the intermediaries is to define the geographic parameters first (city, county, etc.) and have title company in other data provider pull deeds for entity names in order to create a "Top 100" list.

I have a relative wanting me to assist with an exchange, but want to make sure it's done well, so would like to refer the work to a seasoned and qualified intermediary that's willing to share some of the details behind the 1031 curtain.  

Also, if your strategy is a 1031 exchange be sure you properly vet the QI (qualified intermediary) you select for the job.

No tenant hassles, intermediary commissions, broker commissions, closing costs of a new property, and most of all NO capital improvements to worry about.

You ask a good question though, that a qualified 1031 intermediary (Or CPA) who will most likely pop up shortly,that can answer about your wife's exemptions. 1031's are for investment properties, not personal residences.

You have the option of directing your sale proceeds through your Qualified Intermediary into several different DSTs so as to diversify.