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What a Qualified Intermediary Does in a 1031 Exchange
A Qualified Intermediary protects your entire tax deferral by keeping proceeds out of your hands.
Dmitri Vance
Contributing Editor · · 10 min read
A Qualified Intermediary protects your entire tax deferral by keeping proceeds out of your hands.
Three federal taxes plus state levies stack on investment property sales.
Missing the 45-day deadline ruins a 1031 exchange irreversibly and triggers full capital gains tax.