The IRS has defined several black and white areas dealing with a 1031 tax-deferred real estate exchange, however there are many more gray areas which are difficult to elaborate on unless you have detailed questions about your own exchange. We highly recommend that you seek specific tax advice from your tax advisor or attorney. To be a qualified intermediary (accommodator), we must remain an independent third party to your transaction and cannot act in any way as your real estate agent, tax advisor, or attorney.
We do consider ourselves a team by working closely with your real estate agents, tax advisors, attorneys, escrow officers and lenders. At Pioneer 1031 Company our consultations are free of charge, whether by phone, email, or in person.