EP 29 - Unraveling the Mystery of Choosing a 1031 Exchange Qualified Intermediary
Oct 12, 2021 ·
31m 11s
![EP 29 - Unraveling the Mystery of Choosing a 1031 Exchange Qualified Intermediary](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/496bf116bcece5d26c4bc57afdf85a4f.jpg)
Download and listen anywhere
Download your favorite episodes and enjoy them, wherever you are! Sign up or log in now to access offline listening.
Description
Most 1031 Exchange Qualified Intermediaries have NO government or regulatory oversight. The industry just does not have a regulatory body that is authorized to oversee, license or regulate 1031 Exchange...
show more
Most 1031 Exchange Qualified Intermediaries have NO government or regulatory oversight. The industry just does not have a regulatory body that is authorized to oversee, license or regulate 1031 Exchange Qualified Intermediaries. Selecting a Qualified Intermediary for your 1031 Exchange transaction is complex and confusing. Qualified Intermediaries are not created equal. We demystify the due diligence needed for the careful selection of a 1031 Exchange Qualified Intermediary. Discussion includes a breakdown of the role of the Qualified Intermediary, identifying and evaluating the risks of using a Qualified Intermediary, technical issues, their internal policies, procedures and audit controls, the use of separated, segregated Qualified Trust Accounts, investment and safeguarding of client 1031 Exchange funds, errors and omissions insurance, fidelity bond coverage, financial institution insurance bond, suggested due diligence questions, and possible avenues to become licensed and regulated?
Email your 1031 Exchange questions to ASK@exeterco.com and we’ll address them in our next episode.
show less
Email your 1031 Exchange questions to ASK@exeterco.com and we’ll address them in our next episode.
Information
Author | RNCN |
Organization | RNCN |
Website | - |
Tags |
Copyright 2024 - Spreaker Inc. an iHeartMedia Company