As a qualified intermediary, there are several areas involving Tax-Deferred Exchanges where we are not able to advise you or your client. The IRS requires that we remain an independent third party to your exchange transaction. In that capacity, we are a qualified party that can facilitate your exchange transaction. A disqualified party is defined by the IRS as an agent, if the person in the previous two years has served as the Exchangor's employee, attorney, accountant, investment banker/broker or real estate agent/ broker. Also disqualified are parties, which are related lineally or as siblings or through a ten percent or greater interest in a business sense.
We do suggest you always consult your attorney and tax advisor for specific details regarding your financial situation. Then contact a qualified intermediary to handle your exchange transaction.