Yes. The Internal Revenue Service will disqualify a 1031 exchange if the investor has the ability to access, control or receive, or could have received, the sale proceeds after the sale of the Relinquished Property.
Yes. The Internal Revenue Service will disqualify a 1031 exchange if the investor has the ability to access, control or receive, or could have received, the sale proceeds after the sale of the Relinquished Property.