{"id":13400,"date":"2026-09-17T14:48:36","date_gmt":"2026-09-17T19:48:36","guid":{"rendered":"https:\/\/lions.financial\/?p=13400"},"modified":"2026-09-17T14:55:38","modified_gmt":"2026-09-17T19:55:38","slug":"beyond-the-broker-building-your-1031-dream-team-why-a-qualified-intermediary-is-non-negotiable","status":"publish","type":"post","link":"https:\/\/lions.financial\/hi\/beyond-the-broker-building-your-1031-dream-team-why-a-qualified-intermediary-is-non-negotiable\/","title":{"rendered":"Beyond the Broker: Building Your 1031 &#8220;Dream Team&#8221; (Why a Qualified Intermediary is Non-Negotiable)"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"13400\" class=\"elementor elementor-13400\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a90478 e-flex e-con-boxed e-con e-parent\" data-id=\"0a90478\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d2c4c11 elementor-widget elementor-widget-text-editor\" data-id=\"d2c4c11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>You\u2019ve done it. After years of careful management, you\u2019ve navigated the market and\u00a0<a href=\"https:\/\/lions.financial\/hi\/sell-side-representation\/\" target=\"_blank\" rel=\"noopener\">sold your commercial property<\/a>\u00a0for a significant gain. The celebration, however, is often cut short by a looming reality: <b>the tax bill<\/b>. Capital gains tax can take a substantial bite out of your proceeds, severely limiting your ability to &#8220;trade up&#8221; and continue building your portfolio.<\/p><p>This is where the <b>Section 1031 exchange<\/b> enters the picture\u2014a powerful tool in the tax code that allows you to defer those capital gains taxes by rolling your proceeds into a new, &#8220;like-kind&#8221; replacement property.<\/p><p>But here\u2019s the first and most critical lesson for any investor: a successful 1031 exchange is not a solo endeavor. And it\u2019s not something you just hand off to your broker.<\/p><p>Your broker is exceptional at what they do\u2014finding the deal, marketing the property, and negotiating the price. They are the &#8220;scout&#8221; of your team. But to execute a 1031 exchange successfully and, most importantly, <i>legally<\/i>, you need to build a &#8220;dream team&#8221; of specialists. And the most critical, non-negotiable member of that team is the <b>Qualified Intermediary (QI).<\/b><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-730527f e-flex e-con-boxed e-con e-parent\" data-id=\"730527f\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-99b17c5 e-con-full e-flex e-con e-child\" data-id=\"99b17c5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d3c5011 e-flex e-con-boxed e-con e-parent\" data-id=\"d3c5011\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-fc05c44 e-con-full e-flex e-con e-child\" data-id=\"fc05c44\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d5c2c9 elementor-widget elementor-widget-heading\" data-id=\"9d5c2c9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Your 1031 \"Dream Team\" Roster<span style=\"font-size: 28px;font-weight: 600\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-618c6ce elementor-widget elementor-widget-text-editor\" data-id=\"618c6ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Think of a\u00a0<a href=\"https:\/\/lions.financial\/hi\/the-sellers-guide-to-the-1031-exchange-how-to-defer-taxes-on-your-property-sale\/\" target=\"_blank\" rel=\"noopener\">1031<\/a>\u00a0exchange like a complex legal and financial play. You wouldn&#8217;t want your star receiver also playing quarterback and offensive line. You need specialists in key positions.<\/p><ul><li><b>Your Broker (The Scout)<\/b>: Your market expert. They find your disposition (sale) and, crucially, your\u00a0<a href=\"https:\/\/lions.financial\/hi\/buy-side-representation\/\" target=\"_blank\" rel=\"noopener\">acquisition<\/a>\u00a0(replacement property). Their value is in the <i>deal<\/i>.<\/li><li><b>Your CPA\/Tax Advisor (The Strategist)<\/b>: They run the numbers <i>before<\/i> the sale. Should you even do a 1031? How much &#8220;boot&#8221; (taxable gain) might you have? They advise on the <i>financial wisdom<\/i> of the exchange.<\/li><li><b>Your Real Estate Attorney (The Defender)<\/b>: They review the purchase and sale agreements, check title, and protect your <i>legal interests<\/i> in the underlying real estate.<\/li><li><b>Your Qualified Intermediary (The Quarterback)<\/b>: This is the only party whose job is to ensure your exchange <i>complies with IRS regulations<\/i>. They are the engine of the entire 1031 process.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6daf455 e-con-full e-flex e-con e-parent\" data-id=\"6daf455\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-3933f70 e-con-full e-flex e-con e-child\" data-id=\"3933f70\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9c28819 elementor-widget elementor-widget-heading\" data-id=\"9c28819\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The \"Constructive Receipt\" Trap: Why Your Broker Can't Be Your QI<span style=\"font-size: 28px;font-weight: 600\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb47b6a elementor-widget elementor-widget-text-editor\" data-id=\"fb47b6a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-size: 16px; font-weight: 400;\">This will <\/span><b style=\"font-style: inherit;\">immediately<\/b><span style=\"font-size: 16px; font-weight: 400;\"> and <\/span><b style=\"font-style: inherit;\">irrevocably<\/b><span style=\"font-size: 16px; font-weight: 400;\"> bust your 1031 exchange.<\/span><\/p><p><span style=\"font-weight: 400;\">The entire principle of a 1031 exchange rests on the fact that <\/span><b>you, the taxpayer, never take &#8220;<\/b><a href=\"https:\/\/lions.financial\/hi\/the-7-costly-sins-of-a-sell-side-1031-exchange-and-how-to-avoid-them\/\" target=\"_blank\" rel=\"noopener\">constructive receipt<\/a><b>&#8221; of the sale proceeds.<\/b><span style=\"font-weight: 400;\"> The moment you (or your agent) have the right to control or access the funds, the IRS considers the sale complete, and the entire gain is taxable.<\/span><\/p><p><span style=\"font-weight: 400;\">This is where the Qualified Intermediary comes in. The IRS Treasury Regulations created the role of the QI as a &#8220;safe harbor&#8221;\u2014a neutral, independent third party whose sole purpose is to facilitate the exchange.<\/span><\/p><p><span style=\"font-weight: 400;\">Under the rules, your QI cannot be your &#8220;agent.&#8221; This automatically disqualifies your real estate broker, your attorney, your CPA, and your family members. The QI <\/span><i><span style=\"font-weight: 400;\">must<\/span><\/i><span style=\"font-weight: 400;\"> be an independent entity.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cac00c3 e-flex e-con-boxed e-con e-parent\" data-id=\"cac00c3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-b5cef0f e-con-full e-flex e-con e-child\" data-id=\"b5cef0f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f9788bc elementor-widget elementor-widget-heading\" data-id=\"f9788bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The QI: Your Non-Negotiable Partner\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14b46c6 elementor-widget elementor-widget-text-editor\" data-id=\"14b46c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">So, what does a QI actually do? They are responsible for three critical functions that protect your tax-deferred status.<\/span><\/p>\n<h5><b>1. They Act as the Safe Harbor for Funds<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">This is their most important job. At the close of your sale (the &#8220;Relinquished Property&#8221;), the funds are wired <\/span><i><span style=\"font-weight: 400;\">directly<\/span><\/i><span style=\"font-weight: 400;\"> from the closing agent to your QI. You never touch them. The QI holds these funds in a secure, often segregated, trust account. When you&#8217;re ready to close on your new property (the &#8220;Replacement Property&#8221;), the QI wires those funds directly to the new closing.<\/span><\/p>\n<h5><b>2. They Manage the Iron-Clad Timelines<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">A 1031 exchange has two brutal and non-negotiable deadlines that start the moment your sale closes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b><a href=\"https:\/\/lions.financial\/hi\/racing-the-clock-mastering-the-45-day-180-day-rules-for-your-cre-1031\/\" target=\"_blank\">The 45-Day Identification Period<\/a>:<\/b><span style=\"font-weight: 400;\"> You must formally identify, in writing, your potential replacement properties.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The 180-Day Closing Period:<\/b><span style=\"font-weight: 400;\"> You must close on one or more of the identified properties.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A professional QI manages this process with you. They provide the correct identification forms, ensure they are submitted properly, and provide constant reminders of your approaching deadlines. They are your compliance calendar.<\/span><\/p>\n<h5><b>3. They Prepare the Essential Legal Documentation<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">A 1031 exchange isn&#8217;t just a checkbox on a tax form. It requires a specific set of legal documents, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">An <\/span><b>Exchange Agreement<\/b><span style=\"font-weight: 400;\"> that formally outlines the QI&#8217;s role and the terms of the exchange.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Instructions to the closing agents<\/b><span style=\"font-weight: 400;\"> on both the sale and purchase, ensuring the 1031 is handled correctly.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>The formal 45-day identification notice.<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A good QI prepares and manages this entire document flow, ensuring a clean and auditable trail for the IRS.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7395332 e-flex e-con-boxed e-con e-parent\" data-id=\"7395332\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-f477a61 e-con-full e-flex e-con e-child\" data-id=\"f477a61\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-54ab065 elementor-widget elementor-widget-heading\" data-id=\"54ab065\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What to Look for in a QI<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68c6aa4 elementor-widget elementor-widget-text-editor\" data-id=\"68c6aa4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Not all QIs are created equal. This is a multi-million dollar transaction, and the security of your funds is paramount. When vetting a QI, ask these questions:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Security:<\/b><span style=\"font-weight: 400;\"> How are my funds held? Are they in a segregated account (just for me) or a pooled account? Are the funds insured (FDIC, etc.)?<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Expertise:<\/b><span style=\"font-weight: 400;\"> Is this their primary business? You don&#8217;t want a &#8220;part-time&#8221; QI. You want a firm that <\/span><i><span style=\"font-weight: 400;\">only<\/span><\/i><span style=\"font-weight: 400;\"> does 1031s.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Protection:<\/b><span style=\"font-weight: 400;\"> Do they carry significant Errors &amp; Omissions (E&amp;O) insurance and a Fidelity Bond? This protects you in case of their error or internal fraud.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reputation:<\/b><span style=\"font-weight: 400;\"> Ask your CPA and attorney for referrals. This is not the time to Google &#8220;cheapest QI.&#8221;<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2e07ccb e-flex e-con-boxed e-con e-parent\" data-id=\"2e07ccb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-94b8a3e e-con-full e-flex e-con e-child\" data-id=\"94b8a3e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e8db270 elementor-widget elementor-widget-heading\" data-id=\"e8db270\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Bottom Line: \nBuild Your Team Before You Sell<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72b20b4 elementor-widget elementor-widget-text-editor\" data-id=\"72b20b4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">A 1031 exchange is one of the most powerful wealth-building tools in commercial real estate. But it&#8217;s a high-stakes game governed by strict rules.<\/span><\/p><p><span style=\"font-weight: 400;\">Your broker will find you the next great asset. Your attorney will protect you from bad contracts. Your CPA will optimize your tax strategy.<\/span><\/p><p><span style=\"font-weight: 400;\">But only your <\/span><b>Qualified Intermediary<\/b><span style=\"font-weight: 400;\"> will safely and legally carry your proceeds from one deal to the next, preserving your capital and protecting your exchange. They aren&#8217;t just a team member; they&#8217;re the non-negotiable key to the entire play.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b043c80 e-flex e-con-boxed e-con e-parent\" data-id=\"b043c80\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8519493 e-con-full e-flex e-con e-child\" data-id=\"8519493\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-5623d57 e-con-full e-flex e-con e-child\" data-id=\"5623d57\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c32e214 elementor-widget elementor-widget-text-editor\" data-id=\"c32e214\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Would you like to discuss the other key roles, such as the CPA&#8217;s pre-exchange analysis, in more detail?<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-409088e elementor-align-center elementor-widget elementor-widget-button\" data-id=\"409088e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/lions.financial\/hi\/contact\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Schedule a call<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>You\u2019ve done it. After years of careful management, you\u2019ve navigated the market and\u00a0sold your commercial property\u00a0for a significant gain. The celebration, however, is often cut [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":12859,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[361,427],"tags":[430,434,431,446,447],"ppma_author":[386],"class_list":["post-13400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","category-real-estate","tag-1031-exchange","tag-capital-gains-tax","tag-commercial-real-estate","tag-qualified-intermediary","tag-tax-deferral","author-research-team"],"acf":[],"authors":[{"term_id":386,"user_id":0,"is_guest":1,"slug":"research-team","display_name":"Research Team","avatar_url":{"url":"https:\/\/lions.financial\/wp-content\/uploads\/2018\/12\/cropped-LIons-Assurance-Financial-Logo-Favicon.png","url2x":"https:\/\/lions.financial\/wp-content\/uploads\/2018\/12\/cropped-LIons-Assurance-Financial-Logo-Favicon.png"},"author_category":"","user_url":"","last_name":"","first_name":"","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/13400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/comments?post=13400"}],"version-history":[{"count":8,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/13400\/revisions"}],"predecessor-version":[{"id":13408,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/posts\/13400\/revisions\/13408"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media\/12859"}],"wp:attachment":[{"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/media?parent=13400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/categories?post=13400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/tags?post=13400"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/lions.financial\/hi\/wp-json\/wp\/v2\/ppma_author?post=13400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}