Video: Types of 1031 Parking Exchanges

This educational video breaks down parking exchanges and the critical role of the Also referred to as an "EAT", is typically a special purpose, limited-liability company that is used to own the legal title to property that is being parked as part of a reverse exchange. An exchange accommodation titleholder may not be a disqualified person. Exchange Accommodation Titleholder (EAT), who acquires and “parks” the property for a specific period. We cover the core types of parking exchanges, reverse and improvement exchanges, as well as touch on combination exchanges, such as reverse-improvement, and “Specialty Non-Safe Harbor” structures.
 
Watch to learn more about parking exchanges and how this type of Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange can benefit Exchangers facing situations such as wanting to purchase their Replacement Property prior to selling their Relinquished Property or Exchangers looking to use Exchange Funds to make improvements to their Replacement Property via a Build-to-Suit/Improvement Exchange.