Reverse Exchange Planning
Reverse exchange planning service helps Chicago, IL investors structure compliant like kind exchanges by acquiring replacement property first, then selling relinquished property within required deadlines. This service provides strategic guidance for investors who need to secure replacement properties before selling their current property to defer capital gains taxes.
Our team works with Chicago, IL investors to understand their exchange objectives, replacement property opportunities, and sale timelines. We coordinate with Qualified Intermediaries to establish exchange structures and work with qualified escrow agents to ensure proper fund handling. The service includes deadline monitoring to ensure the relinquished property sale occurs within the required timeframe to maintain exchange compliance.
Reverse exchange planning is ideal for Chicago, IL investors who have identified replacement property opportunities that require immediate action and need support structuring the exchange, coordinating the sale of relinquished property, and managing the entire process. We help investors understand the timing requirements, identification rules, and documentation needs to maintain exchange compliance throughout the transaction.
What We Include
- •Strategic reverse exchange structure planning
- •Coordination with Qualified Intermediary for exchange setup
- •Replacement property acquisition coordination
- •Relinquished property sale deadline monitoring
- •Qualified escrow coordination for fund handling
- •Exchange documentation support
- •Stakeholder coordination and updates
- •Compliance monitoring throughout exchange process
Common Situations
Chicago, IL investor identifies replacement property opportunity requiring immediate action and needs reverse exchange planning
Investor needs to secure replacement property before selling relinquished property and requires reverse exchange structure
Investor with time sensitive replacement property opportunity and needs reverse exchange planning to coordinate entire process
Example of the type of engagement we can handle
Service Type
Reverse Exchange Planning
Scope
Structure reverse exchange from acquisition of replacement property to sale of Chicago relinquished property within required deadlines
Client Situation
Investor identifies industrial replacement property opportunity requiring immediate acquisition, needs reverse exchange planning to coordinate sale of Chicago multifamily property
Our Approach
Coordinate with Qualified Intermediary for reverse exchange structure, facilitate replacement property acquisition, monitor relinquished property sale deadline, coordinate with qualified escrow agents
Expected Outcome
Compliant reverse exchange structure with replacement property acquired and relinquished property sold within required timeframe, all documentation properly coordinated
Educational content only. Not tax, legal, or investment advice.
Related Services
Forward Exchange Planning
Plan and document your forward exchange from relinquished sale through qualified intermediary funding.
Learn moreImprovement Exchange
Structure construction proceeds and escrow controls for build-to-suit or value-add strategies within IRS rules.
Learn moreQualified Intermediary Coordination
Introduce experienced QIs, review exchange agreements, and align wiring instructions for each closing stage.
Learn moreFrequently Asked Questions
What identification rules apply to reverse exchange planning for Chicago, IL investors?
How does boot affect Chicago, IL investors in reverse exchanges?
What happens if Chicago, IL investors cannot sell relinquished property within the required timeframe in a reverse exchange?
How does reverse exchange planning help Chicago, IL investors coordinate with Qualified Intermediaries?
Can Chicago, IL investors use reverse exchange planning when replacement property opportunities require immediate action?
Ready to Get Started?
Contact our team to discuss how Reverse Exchange Planning can support your 1031 exchange in Chicago, IL. We'll help you navigate the 45-day identification deadline and 180-day closing requirement.