The economic and financial trauma of roughly the past 30 months has taken a toll on many financial institutions and organizations, including qualified intermediaries1 utilized in like-kind exchanges.2 The failure of qualified intermediaries or the inability to perform has caused immense concern among taxpayers and tax practitioners alike.
Harl, Neil E.
"In a Like-Kind Exchange, What If a Qualified Intermediary Fails?,"
Agricultural Law Digest: Vol. 21
, Article 1.
Available at: https://lib.dr.iastate.edu/aglawdigest/vol21/iss6/1