In a simultaneous exchange, the closing of the relinquished property and replacement property take place on the same day. Simultaneous two-party trades and complicated three-party exchanges (requiring either the buyer or seller to act as the "accommodating party") are rare due to timing difficulty, liability risks and complications. Investors need to use a Qualified Intermediary to safely facilitate a simultaneous exchange.
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www.jeld-wen.com
JELD-WEN 1031 is part of the JELD-WEN, inc. family.
www.1031.org
Federation of Exchange Accommodators (FEA)
