What a Qualified Intermediary Does in a 1031 Exchange
The QI prevents constructive receipt by holding proceeds until replacement property closes.
Marcus Thibeault
Section
3 stories in Features.
The QI prevents constructive receipt by holding proceeds until replacement property closes.
Three federal tax layers plus state levies can triple your actual bill beyond the headline rate.
Missing this deadline erases your tax deferral permanently, with no exceptions or recovery options.