Do I Need an Intermediary for a 1031 Exchange?
Updated 19 days ago (March 6, 2026)
Yes. You need a qualified intermediary to complete a 1031 exchange. Without a qualified intermediary, the sale of your current property will be taxed. The intermediary is the person who will receive the income from the sale of your current property and then use that money to purchase the new property. A qualified intermediary cannot be a family member, an employer, accountant, broker, attorney, or other agent.
You can hire a professional qualified intermediary to facilitate your 1031 exchange. The qualified intermediary prepares documents and completes the sale and subsequent purchase.
Tellus TIP:
It is important to get a qualified intermediary early in the 1031 process to avoid costly mistakes.
Financial Disclaimer: Tellus provides this content for informational purposes only. This is not financial advice. Financial returns and mortgage terms vary based on individual circumstances and market conditions. Consult a qualified financial advisor before making financial or borrowing decisions.