Real estate property brokers trying to defer capital gains fees use a powerful tool at their removal – the 1031 exchange. By promoting 1 expenditure house and using the cash to acquire another within rigid time constraints, investors can defer having to pay investment capital gains income tax around the selling. Nonetheless, the procedure can be daunting without the assistance of a qualified intermediary. With this article, we’ll investigate how a qualified intermediary facilitates a 1031 exchange and what buyers have to know to make sure they increase the rewards. Initially, let us determine exactly what a qualified intermediary is. A qualified intermediary (QI) is undoubtedly an independent third party…