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Reverse Exchange Services, Inc.
Specializing
in reverse exchanges
Reverse Exchange Services, Inc. ("RES") provides
professional, pragmatic, and deal-specific solutions for
tax-deferred reverse exchanges. By using RES, the Exchanger
has the assurance that the Replacement
Property may ultimately be acquired by Exchanger even
though the Exchanger is having a difficult time selling
the Relinquished
Property. Utilizing a reverse exchange allows the
Exchanger maximum flexibility, avoids unnecessary time
pressures and achieves significant tax savings.
We want to provide you with the knowledge and tools necessary
to achieve these tax savings. Please take advantage of
all the information on our web site. Whether you are just
learning about the advantages of real and personal property
exchanges or you are an old pro, you should be able to
find what you are looking for here. If you have any unanswered
questions or would like to schedule a free consultation,
please call us toll free at 1-866-276-1031 or email
us.
Consolidated
Reverse Management, Inc.
"Non-safe" harbor
exchange services
Consolidated Reverse Management, Inc. ("CRM")
provides "non-safe" harbor exchange services
for investors whose transactions fall outside the "safe
harbor" guidelines issued by the IRS last year (in
Rev. Proc 2000-37). When it is not possible to sell the
relinquished property or finish construction in a build-to-suit
situation within 180-days, then the transaction will not
fall within the IRS safe harbor rules. CRM provides the
services necessary to qualify the transaction as a tax-deferred
exchange.
In those instances where a property owner cannot meet
the 180 day IRS "safe harbor" restrictions but
still wants a "replacement property" to qualify
in its transaction as a valid tax-deferred exchange, CRM
can take title to the replacement property, build the
required improvements and when the improvements are completed,
transfer it back to the taxpayer in exchange for its sale
of relinquished property. CRM's services also include
investing equity in the property, having a more significant
involvement in the ownership of the parked property and
supervising the construction of improvements to the property.
These "non-safe" harbor transactions are much
more complex than "regular" exchanges and require
customized solutions to fit the particular circumstances
of the exchange. In order for CRM's activities not to
be characterized as acts of the taxpayer's agent, CRM
must have sufficient "benefits and burdens"
of ownership; this is a test which is determined on a
case-by-case basis. If your reverse exchange includes
construction or non-safe harbor issues, we will be glad
to discuss the various ways CRM can work with you to resolve
them.
Consolidated Reverse Management, Inc. ("CRM")
is an affiliate of Reverse
Exchange Services, Inc. ("RES").
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