I understand that for a 1031 to be "qualified": (1) A "Qualified" Intermediary (QI) must be "independent" so may NOT be my agent, related to me or give me tax, legal or investment advice (I must seek other counsel); (2)       To "qualify", both properties (what I give up and the replacement I get in exchange) must "be held primarily for business or investment purposes"; (3)     To be an "exchange", title to the property I get must be placed in the SAME NAME as the titleholder of what I gave up (otherwise it would be a taxable sale); (4)       If I deal with a "related party", 1031 rules might "disqualify" the exchange (ask us); (5)       The QI will hold in escrow ("park") the proceeds from the sale of my property and use those funds to buy its replacement (neither I nor my agents may touch those funds); (6)       The QI will not be registered in either chain of title (it may not touch the properties)