Literal Swap of Properties
I am literally swapping a multifamily property for someone else's multifamily property, and we both want to be covered by a 1031 exchange. At the closing table, we will literally be swapping title on the two properties, and settling taxes due, rents, etc. I don't need the full services of an QI, but they all seem to want to charge both of us the full price for two exchanges, so was wondering if anyone here had any thoughts on if I should use a QI anyways or, if not how to structure things correctly.