You will need to work with a “QUALIFIED INTERMEDIARY” for Exchange transactions. The Intermediary is specifically structured to assist Exchangers and Real Estate Professionals in effecting successful IRC Section 1031 Exchanges. They fully understand the real estate transaction, the needs of the investor, and the technical requirements of the IRS.
The Intermediary will initiate documentation for exchanges with as little as twenty four hours notice and furnish all the paperwork and necessary forms. They will also consult with the real estate professional, tax consultant, and legal advisors involved in the exchange.
If you have any questions, just call us at (850) 650-0077
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. We will help you all the way.