what is a qualified intermediary
A Qualified Intermediary refers to a person that acts as an intermediary qualified under certain sections of the U.S. Internal Revenue Code (IRC) to undertake specified activities. Â§1031 Qualified Intermediary (QI), also known as an Accommodator, is a company that is in the full-time business of facilitating Internal Revenue Code section 1031 tax-deferred exchanges. The role of a QI is defined in Treas.