Definition: A person who meets the regulatory requirements to facilitate a qualifying deferred like-kind exchange under the applicable safe harbor.
Example
An investor uses a qualifying intermediary to arrange the exchange without directly receiving the sale proceeds.
Keep the distinction clear
An ordinary escrow holder or the taxpayer's disqualified agent is not automatically a qualified intermediary. Timing, written agreements, and control of the proceeds matter.
Related terms
Boot (Like-Kind Exchange) · Escrow · Capital Gain
Keep studying
References: IRS: like-kind exchanges
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