Learn more about exchanges:

Learn more about exchanges:

What is a 1031 Exchange?

Section 1031 of the U.S. tax code allows for the deferral of capital gain tax resulting from the sale of certain qualified real property, so long as all of the value of the sold (relinquished) property is used to purchase like-kind real property of equal or greater value to replace it.  Learn More

What is a QI?

A QI is a functionary that converts the sale and acquisition of qualified like-kind real property from a taxable event to a tax-deferred exchange by ensuring the transaction conforms to IRS regulations. A QI is sometimes referred to as an intermediary, facilitator, accommodator, or qualified escrow holder. Nearly all exchange types require the services of a QI like SEA1031.  Learn More

What does a QI do?

As your QI, we will prepare the required exchange documents and work closely with your closing agents for the sale and purchase of your exchange properties. We will open a segregated bank account to hold the proceeds from your relinquished sale (your exchange funds) and will use them only for the purchase of replacement property for your exchange.  Learn More

What does a QI NOT do?

A QI is not your accountant or attorney and therefore is not qualified to give accounting, tax, legal, or investment advice, and, further, cannot act in an agency capacity on your behalf. Although we will assist with executing your 1031 exchange transaction, as a QI we must be a disinterested party in it. Learn More