a necessary element of most exchanges
an entity (usually a subsidiary of a title company) who enters into a written agreement with the taxpayer
a neutral entity that enters into a written agreement with the taxpayer to acquire the taxpayer's rights or ownership interest in the relinquished property and to help the taxpayer acquire a "like-kind" replacement property, chosen by the taxpayer
an independent agent that facilitates a like kind exchange
an independent agent that facilitates an exchange
an independent agent that facilitates a starker exchange
an independent third party to the transaction whose function is to prepare the documents necessary to create the exchange, as well as to act as the independent escrow agent for the exchange funds
an independent third party who is not related to, or an agent of, the Exchanger
a person (or company) who, for a fee, acts to facilitate the deferred exchange by entering into an agreement with the exchanger for the exchange of properties
a person who enters into a written exchange agreement to acquire one party's property and transfer it to a second party, and also to acquire replacement property from the second party and transfer it to the first party
a person who enters into a written exchange agreement with you to acquire and transfer the property you give up and to acquire the replacement property and transfer it to you
A person who is not the taxpayer or a disqualified person and who acts as the accommodator in a four-way exchange.
The entity that creates the safe harbor necessary to qualify the sale and purchase as a 1031 exchange. The Code requires a written agreement between the QI and the taxpayer which limits the taxpayer's right to receive or control the proceeds of the sale of relinquished property. Certain related parties do not qualify to act as QI, including anyone who has acted as a taxpayer's employee, accountant, attorney, broker, etc., within a 2-year period prior to the exchange transaction.
An unrelated party (1031x.com) who participates in the tax-deferred, like-kind exchange to facilitate the disposition of the Exchangorâ€(tm)s relinquished property and the acquisition of the Exchangorâ€(tm)s replacement property. The Qualified Intermediary has no economic interest except for any compensation (exchange fee) it may receive for facilitating the exchange as defined in Section 1031 of the Internal Revenue Code. The Qualified Intermediary is the correct technical reference pursuant to the Treasury Regulations, but the Qualified Intermediary is also known as the Accommodator, Facilitator or Intermediary.
An independent middleman that facilitates the exchange process by selling the relinquished property and acquiring the replacement property on behalf of the taxpayer; accommodator; facilitator; TIMCOR
A party to an IRC S1031 exchange transaction who satisfies the "safe harbor" requirements of Reg. S1.1031 (k)-1g(4); A Qualified Intermediary is not the agent of the Exchanger; Money actually or constructively received by a Qualified Intermediary will not be attributed to the Exchanger.
A term used to distinguish between entities operating by a written exchange agreement and those who are acting only as cooperating parties. The qualified intermediary may arrange for direct deeding where the intermediary may not.
Corporation or entity who facilitates a 1031 tax deferred exchange (also known as an "accommodator"). To be a qualified intermediary, the intermediary must not be a related party.
A non-related, neutral third party who assists with a 1031 Exchange. In this exchange, the QI holds the funds from one sale and disburses it at the related sale completing the 1031 Exchange.
Middleman, facilitator, accommodator; term given to entity making the trade with the taxpayer. Typically hired to convert a sale/purchase into an exchange.
As required by IRS tax-deferred regulations, a third party entity or person who assists the Exchangor/taxpayer in the transaction, by preparing the necessary documents, escrowing the exchange proceeds, and acting on behalf of the investor in the sale of the relinquished property and purchase of the replacement property. The Qualified Intermediary cannot be the taxpayer, a related party or an agent of the taxpayer. A/K/A Facilitator or Accommodator.
Intermediary, QI, accommodator, facilitator, qualified escrow holder. A third party that helps to facilitate the exchange.
The corporation who acts as the accommodator in the exchange. A qualified intermediary is identified as follows: Not a related party to the Exchanger, (e.g. agent, attorney, broker, etc.); Receives a fee; Acquires the relinquished property from the Exchanger; and Acquires the replacement property and transfers it to the Exchanger.
The Qualified Intermediary (also known as an Accommodator) should be a corporation that is in the full-time business of facilitating 1031 exchanges. The role of a QI is similar to, but not identical to, the role of an escrow company.