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"My attorney says that he can be my intermediary. He'll have one of his partners handle my exchange. Is this okay?"

No. Section 1031 prohibits an attorney, or their firm, who has had a client relationship with you in the past two years from acting as your qualified intermediary.

--The Experts

 
 

I want to thank you for these TEE-Shots. I am learning more and more every day. Thanks.

Bill Grauel
fnb-corp

 
 

TEE-Shots are Tips from the Exchange Experts that are designed to make you think about, and ask questions about, the 1031 exchange process.