By Shannon Kinnard, VP, Exchange Officer, Genesis Bank Exchange
Genesis Bank Exchange recently executed an exchange for a client navigating the sale of a commercial property in California and the purchase of a commercial property in the Midwest. This transaction employed both a forward exchange and a reverse exchange, showcasing a strategic approach that can benefit investors seeking tax deferral opportunities.
Benefits of a Hybrid Forward and Reverse Exchange:
Example Scenario:
Let’s delve into a scenario that illustrates the utility of a hybrid forward and reverse exchange structure.
The Exchange Process:
Key Takeaways:
The 1031 exchange process can be intricate, but leveraging strategic structures like hybrid forward and reverse exchanges can optimize tax benefits. To explore how these strategies can benefit your investments, reach out to the Genesis Bank Exchange team at 800.797.1031 or visit our website: https://www.mygenesisbank.com/1031Exchange.