Let’s be honest. A 1031 exchange isn’t complicated because of tax law. It’s complicated because people wait too long, assume too much, or don’t coordinate. Here are the three ways I most often see them go sideways: 1️⃣ The Seller Touches the Money This is the fastest way to kill a 1031. If the sale proceeds hit the seller’s account — even for a day — the exchange is over. No undo button. That’s why a Qualified Intermediary (QI) must be hired before closing and the funds must

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