Applicability to all types of assets It is not at all uncommon for non-real estate or personal property assets to be exchanged using a form of reverse exchange. While the complexity of the exchange can increase when different methods of acquisition, disposition, transfer of title, etc. must be employed, the basic forms of reverse exchange […]
What is a Reverse Exchange? In essence, a reverse exchange is a 1031 exchange in which the New Property (Replacement Property) is acquired before the Old property (Relinquished Property) is sold. The role of the Accommodator is to acquire either the Old or New Property on behalf of the Exchangor and hold legal title to […]
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