A third-party facilitator in a 1031 tax-deferred exchange who holds the proceeds from the sale of a relinquished property and uses them to acquire a replacement property. The QI ensures the investor never takes constructive receipt of the funds.
A third-party facilitator in a 1031 tax-deferred exchange who holds the proceeds from the sale of a relinquished property and uses them to acquire a replacement property. The QI ensures the investor never takes constructive receipt of the funds.