Ernesto Hernandez
David Greene: Long Distance REI Book Notes
13 December 2023 | 12 replies
Intermediary has to hold funds.Chapter 8: Managing Out of State PropertiesIs turnkey really safer?
Michaela Pacesova
Taxes on Land Sold Overseas
6 March 2018 | 2 replies
You can't initiate a 1031 after you have sold the property if you have not reached out to a 1031 intermediary.
Pete T.
1031 Seller Financing?
19 July 2014 | 6 replies
The portion of the sale proceeds that your qualified intermediary receives in the form of a seller held note, is not like-kind real estate and, as such, is taxable boot.
Vincent Coney
Person Acting On Behalf of the Buyer
27 February 2015 | 3 replies
If they're just acting as an intermediary I'd ask why (confidentiality?
Mary Hart
New to BiggerPockets.com from Asheville NC
20 December 2013 | 7 replies
I am a real estate attorney, licensed REALTOR, 1031 Qualified Intermediary, and real estate investor.
Fernando Domingo
Money spent on repairs for a 1031 exchange
8 July 2018 | 4 replies
Contact a 1031 intermediary to make sure.
Rudy Ferrara
real estate wholesaling under attack
24 March 2022 | 96 replies
Right now they merely require that those that do engage in wholesaling, contract flipping, or act as an intermediary in any way, possess a real estate license and operate within those guidelines.
David Ellis
Replacement Property bought at less than sold property
3 January 2017 | 17 replies
Before that, yes I'm doing a 1031 exchange and the funds are in the account now using an intermediary.
Lindsey Iskierka
1031 Exchange on Small Owner-Occupied Multifamily
15 May 2019 | 3 replies
However to get the tax deferral of the 1031 exchange there must be a qualified intermediary in place prior to the closing of the sale.