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Why cant my real estate agent act as a Qualified Intermediary?

April 26, 2017ACT agent intermediary qualified Real Estate

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Why cant my real estate agent act as a Qualified Intermediary?

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Any agent of the Exchangors is disqualified by the IRS to act as a qualified intermediary as well as any related party. If in doubt about whether or not someone is an agent or related party, if he there is a relationship by contract or blood, there is probably a relationship that could disqualify the exchange. With Intermediary fees so reasonable, why risk the possible tax consequences?