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1031 "rescue"

I just ran across something touted as a "1031 rescue plan", that causes a failed 1031 exchange to become an installment sale for the seller, deferring taxes out into the future. Some of the numbers used in their example are a bit odd, but the concept seems ok.
Anyone heard of this? I can post a link, but don't know the etiquette for doing so on this group. I am not trying to spam, here, just pass on some info and seek some comment.
========================================= MODERATOR'S COMMENT: - links that are on-topic and either add to an open thread or introduce a relevant tax related topic, are usually approved.
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Reply to
Gil Faver
"Gil Faver" doing so on this group. I am not trying to spam, here, just pass on some
ok, here is one such link:
formatting link
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Reply to
Gil Faver

no, it sounds like once you sell your property, and the replacement fails, they qualified intermediary makes your sale an installment sale. The paperwork has to be done ahead of your sale to allow this possibility.
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Reply to
Gil Faver
That is, where does the "insurance" provider get the money?
Now that I've read a tiny bit more closely I'm only concerned about disqualification if the intermediary is also the "insurance" provider.
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Reply to
Bill Brown

from the proceeds of the sale of the property, which is then invested to provide the stream of income for the installment sale. Or so it would seem.
What about disqualification concerns you? I don't know this reg.
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Reply to
Gil Faver
AHmmm.. interesting. But you reckon that in case of a "failed exchange", there is no further need of an intermediary, therefore his office is vacated and just another potential investor?
But for it to work, there canna be anything in the contract about the unspoken arrangement. A bit risky, I think.
ChEAr$, Harlan
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Reply to
Harlan Lunsford

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