Advice from your tax professional and legal advisor will provide a structure that properly identifies the maximum benefits available in a 1031 Tenant-In-Common Exchange. Safe Harbor provisions and requirements should be reviewed with your tax and legal advisors to ensure that there is no “actual or constructive receipt” of exchange proceeds.
Please see the “Can Your Tax Advisor and Legal Advisor Be Your Qualified Intermediary” section for a more in depth description. Your Tax and Legal Advisors can also provide additional and more complete information.