The Role of the Qualified Intermediary (Accommodator)

The Qualified Intermediary, often referred to as Accommodator or QI in the real estate industry, is a central and critical component to a tax-deferred exchange transaction.

The QI essentially serves in three very important roles in the 1031 exchange process. It drafts the legal documents in order to property structure the like-kind exchange, holds the 1031 exchange funds during the transaction, and ensures the taxpayer is in compliance with all income tax codes, regulations, rulings and pronouncements.

You can learn more details information at: http://www.exeterco.com/Role_of_Qualified_Intermediary.aspx.