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Get your taxes done using TurboTax
@rab77 wrote:can it be accomplished without a mediator, or a third party.
In most cases, no. But in cases like yours, yes.
In most cases, the person receiving your property isn't the same that that is giving you their property. That is why most cases need a third-party intermediary (which also allows timing differences).
But in your case, it sounds like the person receiving your property is the same person that is giving you their property, in which case a third-party intermediary may not be needed.
I suggest that you go to a good tax professional to look at the situation, as well as to advise you of anything else that may apply to you.
‎June 22, 2025
11:17 AM