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May my CPA, Attorney, Real Estate Agent, or other advisor act as my QI?

Written by James Brennan on January 20th, 2007 with Read more articles on Web Properties and inside1031.com and CardeaCommercial.com and Tax Calculations and General Tax Q&A and Calc_Q8 and All the Questions You Were Afraid To Ask About 1031s.

Generally Not. A QI may not be an agent of the taxpayer. The IRS precludes any person or entity from acting as an intermediary if he or she has performed any non-exchange related business service for the taxpayer within two years from the date of transfer of the relinquished property.

Written by James Brennan on January 20th, 2007 with Read more articles on Web Properties and inside1031.com and CardeaCommercial.com and Tax Calculations and General Tax Q&A and Calc_Q8 and All the Questions You Were Afraid To Ask About 1031s.

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