Reverse Exchange Procedural Outline: Parking Relinquished Property

Accruit is a national provider of Qualified Intermediary (QI) and The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Accommodation Titleholder (EAT) services for simple and complex exchanges. Accruit handles all types of like-kind exchanges. Specialized EAT services are provided by Accruit The transfer of the relinquished property to the Qualified Intermediary, and the receipt of the replacement property from the Qualified Intermediary is considered an exchange. To be compliant with IRC Section 1031, the transaction must be properly structured, rather than being a sale to one party followed by a purchase from another party. Exchange Accommodation Services, LLC (AEAS).

Learn more about the steps you take when parking the relinquished property in a reverse exchange. View and download the flyer by clicking the link below.