Video: Colorado 1031 Exchange Rules

Some states have specific rules and requirements in relation to 1031 exchanges and specifically for Qualified Intermediaries. As a Colorado-based Qualified A person acting to facilitate an exchange under section 1031 and the regulations. This person may not be the taxpayer or a disqualified person. Section 1.1031(k)-1(g)(4)(iii) requires that, for an intermediary to be a qualified intermediary, the intermediary must enter into a written "exchange" agreement with the taxpayer and, as required by the exchange agreement, acquire the relinquished property from the taxpayer, transfer the relinquished property, acquire the replacement property, and transfer the replacement property to the taxpayer. Intermediary , servicing 1031 exchanges nationwide, Accruit follows all federal and state level regulations. Watch to learn more about Colorado's regulations.