To qualify for a 1031 Exchange, Relinquished and Replacement Properties must be qualified as "like-kind," and the transaction must be structured properly. At 1031X, we act as your Qualified Intermediary to help you manage your exchange with ease, even with additional state tax considerations.The seller's rights under this agreement may be assigned to a qualified intermediary, for the purpose of completing such an exchange. A qualified intermediary holds the proceeds from the sale, transferring them to the identified like-kind property owner. The property you sell and the replacement property you purchange must meet certain requirements to qualify for a 1031 Exchange. IPX1031 is a full service Qualified Intermediary with highly specialized 1031 Exchange divisions. " A QI is an independent third party that assists in facilitating a 1031 Exchange. The qualified intermediary (QI) facilitating the 1031 exchange provides a form used to finalize the identification period. Guardian Exchange Services serves a Qualified Intermediary under Internal Revenue Code Section 1031 in effectuating exchanges of investment property. A Qualified Intermediary is typically a company that is in the fulltime business of facilitating 1031 Exchanges.