Property investors planning to defer capital benefits taxes use a highly effective device at their fingertips – the 1031 exchange. By selling one particular purchase residence and making use of the cash to buy another within strict time constraints, buyers can defer having to pay money gains income tax around the selling. Nevertheless, the process could be daunting without the assistance of a qualified intermediary. Within this article, we will check out just how a qualified intermediary facilitates a 1031 exchange and what traders need to know to ensure they maximize the rewards. Initial, let us outline exactly what a qualified intermediary is. A qualified intermediary (QI) is undoubtedly an…