Exchange Services Group

Forward or Delayed (Deferred);

A forward or delayed exchange is a type of 1031 exchange, a tax-deferred real estate transaction under the U.S. Internal Revenue Code. It allows investors to sell a property and reinvest the proceeds into a like-kind property while deferring capital gains taxes.

Reverse Exchange;

A reverse exchange is a type of 1031 exchange where the replacement property is purchased before selling the relinquished property. This allows real estate investors to secure a desirable replacement property before they sell their existing property while still deferring capital gains taxes.

Improvement Exchange;

New Construction or Replacement Property. Looks like a forward exchange in most ways, except – improvements are made to the replacement property before the exchangor takes title.

Simultaneous/Direct Exchange;

A simultaneous exchange, also known as a direct exchange, is a type of 1031 exchange where the relinquished property and the replacement property are exchanged at the same time. This is the original form of a 1031 exchange and is the simplest in concept but can be difficult to coordinate in practice.