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Michael Weis
  • Virginia Beach, VA
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Qualified Intermediary 1031

Michael Weis
  • Virginia Beach, VA
Posted Feb 18 2018, 06:35

Good Morning.  Seeking some advice and feedack from those who have had to use a qualified intermediary to handle their 1031's.  

-say you have 5 deals on the year whatever that be wholesaling or flipping, do they charge you per deal or does the paperwork they are responsible for fall under a blanket price?

-is there a personal deadline you want to have the 1031's for that fiscal year complete and if so do you need that paperwork to file your taxes or is the 1031 process a complete separate thing? 

Thanks all.  Any additional feedback besides the two questions I asked is welcome as I am sure there are plenty of important things I am not even aware of.

Happy Sunday,

Mike

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