Definitions

The real estate business has tons of industry-specific terms that can throw off aspiring investors. Fear not! We’re happy to list all the relevant terms for you along with easily-understood definitions. If there are other terms you’re curious about, please let us know and we’ll add it to the list. Thank you.

Qualified Intermediary (QI)

IRS Code 1031

Starker

Tax Deferred

Delayed Exchange

Simultaneous Exchange

Swap

Reverse Exchange

Exchange Last

Exchange First

Down Leg

Up Leg

Parked Property

Warehoused Property

Exchange Accommodation Titleholder (EAT)

Construction/Improvement Exchange

Build to Suit Exchange

Exchange Facilitator

Accommodator

Target Property

Relinquished Property

45 Days

180 Days

Exchange Period

Indentification Period

Like Kind

Boot

Cash Boot

Mortgage Boot

Constructive Receipt

Depreciation

Depreciation Recapture

FDIC Insured

Security of Funds

Segregated Accounts

Bank Owned

No Pooled Funds/Accounts

Individual Accounts

Bankers Exchange Services has offices in Walnut Creek and Oakland and serves the Greater Bay Area and in particular, the East Bay region and will gladly facilitate your real estate 1031 exchange transaction anywhere in the United State or US Territories.  Bankers Exchange Services also offers specialized expertise in the following communities:

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