Section 1031 of the Internal Revenue Code underlines the rules of exchanging property held for investment or productive use. If you meet the requirements, you can acquire real estate through a like-kind exchange or 1031 exchange.

People who are looking to sell their investment property at a significant profit are soon faced with the question of “How do I replace that income with a better asset?”

How to Find a Qualified Intermediary for 1031 Exchanges

Many investors find themselves in a situation where they have plenty of equity in their property and want to trade up or buy additional properties. Fortunately, with 1031 exchanges, investors can sell properties with unlimited gains, deferring their tax liability by exchanging that property for a like-kind property within a defined time limit. The caveat to this is that investors need to find a qualified intermediary to help facilitate the process.

So, what is a 1031 exchange qualified intermediary, and how do you find one? This guide will provide you with the basics regarding qualified intermediaries, what they are, what they do, how to find them and what questions to ask before choosing one for a 1031 exchange.

Recently we spoke about the strict requirements for identifying replacement properties when completing a 1031 exchange. Today we will discuss how to establish a backup plan to ensure a successful exchange.

When you begin to consider your options for real estate investments, or when selecting a replacement property for a 1031 exchange, a variety of net lease investment options come into play. For those looking for a value-oriented, real estate investment, then the type of lease is an important part of your decision.