Qualified Intermediary​ Explained in detail
Lisa Taylor01 Mar, 2019Real Estate
The U.S. Treasury adopted regulations in 1991 which govern Section 1031 �like-kind� Exchanges. Since then, many thousands of investors have utilized IRC 1031 exchanges to defer capital gain taxes on the sale of their business, investment or income property with the assistance of a professional Qualified Intermediary (�QI�).
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