Qualified Intermediary Directory
A 1031 exchange requires a Qualified Intermediary to hold your sale proceeds. You cannot touch the money yourself. Below are national QIs, plus how to choose one and what they typically cost.
National Qualified Intermediaries
These firms operate in all 50 states. Listed for convenience, not endorsements. Verify current standing and fund-security practices directly.
Accruit
NationalA Inspira Financial company
A national 1031 exchange qualified intermediary that is part of Inspira Financial.
Visit siteVerified July 2026Asset Preservation, Inc.
NationalA Stewart Information Services company
A national 1031 exchange qualified intermediary and subsidiary of Stewart Information Services.
Visit siteVerified July 2026Chicago Deferred Exchange Company (CDEC)
NationalA Wintrust Financial company
A national 1031 exchange qualified intermediary owned by Wintrust Financial.
Visit siteVerified July 2026CPEC1031
NationalA Minneapolis-based, attorney-led 1031 exchange qualified intermediary serving clients nationwide.
Visit siteVerified July 2026Equity Advantage
NationalA Portland, Oregon-based 1031 exchange qualified intermediary serving clients nationwide.
Visit siteVerified July 2026Exeter 1031 Exchange Services
NationalA national 1031 exchange qualified intermediary with an affiliated Wyoming-chartered trust company.
Visit siteVerified July 2026First American Exchange Company
NationalA First American Financial company
A national 1031 exchange qualified intermediary and subsidiary of First American Financial.
Visit siteVerified July 2026IPX1031
NationalA Fidelity National Financial company
A national 1031 exchange qualified intermediary and subsidiary of Fidelity National Financial.
Visit siteVerified July 2026Legal 1031 Exchange Services
NationalA national 1031 exchange qualified intermediary led by attorneys and tax professionals.
Visit siteVerified July 2026Old Republic Exchange Company
NationalA Old Republic International company
A national 1031 exchange qualified intermediary and subsidiary of Old Republic International.
Visit siteVerified July 2026
How to choose a Qualified Intermediary
QIs are not federally regulated, so anyone can call themselves one. The money that matters is the money they hold for you, so weigh:
- Fund security. Segregated, qualified escrow or trust accounts, not commingled operating funds. Ask how your proceeds are held.
- Bonding and insurance. A fidelity bond and errors-and-omissions coverage sized to the exchanges they handle.
- Experience and credentials. A Certified Exchange Specialist (CES) designation from the Federation of Exchange Accommodators signals tested competence.
- Fee transparency. A flat, written fee, and clarity on who earns the interest (float) on your held funds.
You can look up a firm in the Federation of Exchange Accommodators’ Find a QI Company directory.
What does a Qualified Intermediary cost?
A standard delayed exchange typically runs 600 to 1,500 dollars, with many QIs around 800 to 1,000 dollars, plus a per-property fee for additional replacement properties. Reverse and construction exchanges cost more, often 5,000 to 15,000 dollars. Much of a QI’s revenue comes from interest on the funds it holds, so the headline fee can be modest.
Estimate what you can defer first
Before you engage a QI, see how much capital gains and depreciation recapture tax an exchange would defer, and the 45 and 180-day deadlines you will need to meet.
1031 exchange calculator1031 exchanges by state
State tax treatment of a non-deferred gain varies. Pick your state for local context.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Last reviewed July 2026. Informational and educational only, not legal advice, and no attorney-client relationship is created. Rules change and may be enforced differently than written. Verify the current ordinance with your local jurisdiction or counsel before acting.