New York · no standalone facilitator chapter found · not legal advice
New York: federal 1031 rules, no QI chapter we opened
New York is not on theverified bonding tablebecause we did not open a Consolidated Laws chapter that licenses or bonds 1031 exchange facilitators. Searches that look only for the word “exchange” will hit custody-exchange (family court) and securities-exchange text. Those are not QI statutes. This is a sourcing result, not a finding that no New York rule could attach on other facts (title, banking, attorney escrow).
What still applies
IRC §1031 and Treas. Reg. §1.1031(k)-1. A Manhattan or upstate closing does not shorten the 45/180 clocks or replace constructive-receipt rules. Seethe timeline. New York may still tax recognized gain that federal law deferred — that is a state-tax overlay, not a QI license. This page does not compute New York tax.
What to ask on a New York file
- QI legal name, account title, dual-control, current certificates — there is no New York section number here for a statutory alternative.
- If someone says the QI is “NY licensed,” ask which department and which article. A real-estate or banking license is not a QI charter on the sources opened.
FAQ
Does New York license qualified intermediaries?
No standalone New York exchange-facilitator or QI license chapter was found on the sources opened for this page. Federal QI status remains Treas. Reg. §1.1031(k)-1(g)(4). New York estimated-tax and transfer-tax forms that mention a like-kind exchange are tax-administration paperwork, not a QI charter.
Is there a New York QI bond minimum?
Not on a facilitator chapter we opened. This page does not invent one and does not copy another state’s figure onto a New York file.
Other state deep-dives
Related
Sources
- Treas. Reg. §1.1031(k)-1(g)(4) — federal QI definition. 26 C.F.R. §1.1031(k)-1. Accessed 2026-09-11.
- 26 U.S.C. §1031 — Cornell LII §1031. Accessed 2026-09-11.
No New York Consolidated Laws facilitator chapter is cited because none was opened. If a reader has a bill or session law, send the primary URL. This is a QI custody explainer, not legal advice.