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1031 Exchanges

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Philip Pring
  • Investor
  • Burnet, TX
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qualified intermediary

Philip Pring
  • Investor
  • Burnet, TX
Posted Mar 25 2014, 13:00

Can anyone recommend a qualified intermediary?

In the Austin Texas Area?

I am coming out of a sale with a large amount of cash and

Exchanging into multiple smaller properties.

Can the proceeds from a sale be split among more than

One qualified intermediary. I’m uncomfortable with one

Q.I. holding a large amount of my proceeds. (Been there, got burned).

Lesson Learned. Licensing & Bonding is like all insurance. Its there except when you need it.

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