May 30, 2008
Before property sale consult 1031 exchange intermediary
A qualified 1031 exchange intermediary also called accommodator is the right person to help you in saving your dollars while going for property transactions. The best idea before you place the property under agreement is to find some smart and qualified 1031 exchange intermediary or facilitator who will be an impartial person or party that takes control of the income from the sale of your property and uses the same to buy the new property and then transfer the name of the property to you. A 1031 exchange intermediary person will enter into a written exchange agreement with you to acquire and transfer the property with another replacement.