Learn the basics as well as the subtleties, pitfalls and advanced strategies of reverse exchanges.
The safe harbor rules for reverse exchanges under Rev. Proc. 2000-37 will be covered in detail. Other reverse exchange strategies will be addressed, including longer term parking arrangements which pre-date the safe harbor. Learn to plan for a structure that will survive a safe harbor failure. The topic will also cover advanced parking arrangements for either the relinquished property or the replacement property, along with special requirements and considerations for build-to-suit exchanges, which present their own unique difficulties.
Learning Objectives
- You will be able to identify when a reverse exchange is needed.
- You will be able to define safe harbor requirements on ownership, use and documentation.
- You will be able to describe how to structure a non-safe harbor reverse exchange.
- You will be able to explain build-to-suit exchanges.