Disinterested Party

Although we will assist with executing your 1031 exchange transaction, as a QI we must be a disinterested party in it. A QI is not your accountant or attorney and therefore is not qualified to give accounting, tax, legal or investment advice, and, further, cannot act in an agency capacity on your behalf. For example, we cannot take direction from you regarding the use of exchange funds because we are obligated to use them only for the purchase of replacement property for your exchange. If you need cash from the sale of your relinquished property, you should take it out at the sale closing (please note that any such cash taken out at closing will be fully taxable). If you do not and afterward ask us to send exchange funds to you or elsewhere for another purpose, we cannot do it until the end of the exchange.

Strategic 1031 Exchange Advisors, LLC, a Georgia limited liability company, is a qualified intermediary for 1031 exchanges only. It is not an accounting firm, law firm or registered investment professional and therefore is not qualified to give accounting, tax, legal or investment advice, and, further, cannot act in an agency capacity on behalf of its clients. This website is for informational purposes only and does not and is not intended to constitute accounting, tax, legal or investment advice. We advise you to consult with your accountant, attorney and investment professional on all matters related to your exchange.