DEFINITIONS:
  • Exchangor - Taxpayer that exchanges one property for another
  • Qualified Intermediary - The entity that holds the proceeds for the Exchangor to complete a 1031 exchange successfully
  • Relinquished Property - The property that is sold by the Exchangor in an exchange
  • Replacement Property - The property that is purchased by the Exchangor in an exchange
 

3330 Lake Villa Drive | Suite 201 | Metairie, LA 70002
phone: 504-885-0924 | fax: 504-885-0991 | toll free: 866-864-4834

Member of the Federation of Exchange Accommodators