IPX1031 Insight Blog Locations CONTACT US START AN EXCHANGE TODAY Home Tax Reform About Us 1031 Services Resources Coronavirus Start Reverse Exchange Form Thank you for contacting IPX1031. We look forward to working with you. When completing the below Start a Reverse Exchange form, please provide us with as much information as possible. Please note – you can submit your order form without all the fields completed. We will contact you once your order is received to discuss your upcoming Reverse Exchange transaction. If you have any questions, please email at reverse@ipx1031.com or call Toll Free 888-475-2493. IPX1031 representative (if known) Name of person completing form* Email of person completing form Phone of person completing form* TAXPAYER (EXCHANGER) INFO The tax owner of the Relinquished Property is termed the “Taxpayer,” and the new property (the “Replacement Property”) will need to ultimately be acquired by the same Taxpayer or through an entity that is disregarded from Taxpayer for federal income tax purposes. Please confirm the vesting of the sale property (e.g. copy of deed when Taxpayer took title). Taxpayer / Entity Name - EXACTLY as on title of the sale property (the “Relinquished Property”) Taxpayer / Entity Phone Taxpayer / Entity Email Taxpayer / Entity Address Street Address Address Line 2 City Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Armed Forces Americas Armed Forces Europe Armed Forces Pacific State ZIP Code RELINQUISHED PROPERTY(IES) - RLQ RELINQUISHED PROPERTY COE - RLQ ESTIMATED CLOSE OF ESCROW DATE MM slash DD slash YYYY Fee Quote Property to be parked? Yes No Type of property being sold - RLQ Residential Commerical Property Address - RLQ Street Address Address Line 2 City Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Armed Forces Americas Armed Forces Europe Armed Forces Pacific State ZIP Code County - RLQ How long has this property been owned by the Taxpayer? - RLQ Is the Taxpayer the only owner on title? - RLQ Yes No Does the Taxpayer plan on selling to a related party? - RLQ Yes No Does the Taxpayer plan on doing any seller financing for the buyer? - RLQ Yes No Is property under contract - RLQ Yes No Relinquished Property $ Amounts - RLQ Please provide the approximate $ amounts: Asking Price $ Existing Debt $ Cash Proceeds (expected at closing) $ Additional Relinquished Property? No Yes Closing Escrow/Title/Attorney Info - Relinquished Property(ies) RLQ Closer Name RLQ Closer Company Name RLQ Closer Phone RLQ Closer Email RLQ Closer Address Street Address Address Line 2 City Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Armed Forces Americas Armed Forces Europe Armed Forces Pacific State ZIP Code REPLACEMENT PROPERTY(IES) - RPL REPLACEMENT PROPERTY COE ESTIMATED CLOSE OF ESCROW DATE RPL MM slash DD slash YYYY Fee Quote Type of property being acquired - RPL Residential Commerical Replacement Property Address - RPL Street Address Address Line 2 City Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Armed Forces Americas Armed Forces Europe Armed Forces Pacific State ZIP Code County - RPL Is the Seller related to the Taxpayer in any way? - RPL Yes No Will there be a lender involved? - RPL Yes No Is there a current (less than 6 months old) Phase I Environmental Report available? - RPL We will require this report if the property is anything other than 1-4 family, residential property. Yes No Replacement Property Amounts - RPL Please provide the approximate $ amounts/dates for each Replacement Property. Hit the "+" for each Replacement Property. Purchase Price $ Debt Placed on this Property $ Improvements (approx value) $ Close of Escrow Date Is property under contract? - RPL Yes No Seller carry-back financing? - RPL Yes No Do you plan to make improvements to the property while it is parked with IPX1031? - RPL Yes No Estimated value of improvements Closer - Replacement Property(ies) - RPL Closer Name - RPL Closer Company - RPL Closer Phone - RPL Closer Email - RPL Closer Address - RPL Street Address Address Line 2 City Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Armed Forces Americas Armed Forces Europe Armed Forces Pacific State ZIP Code LLC FORMATION A new LLC must be formed to hold title to the Parked Property LLC to be formed by IPX1031 Exchanger LLC Manager Exchanger Preferred LLC Name (if any) Preferred State of formation (if any) Preferred Registered Agent* * Must be physically located in State of formation. If no agent is named, IPX will designate CT Corporation (additional fee applies). REQUIRED SET UP DOCUMENTS The following documents will need to be provided to your IPX1031 sales executive. Required Set Up Documents Current Phase I Environmental Report (commercial property only) Copy of Contract for each property Copy of Title Commitment for each property Copy of Title Commitment for each property TAX ADVISOR It is strongly recommended that you seek independent tax advice on this transaction. Reverse Exchange transactions are complex and competent tax advice is very important. Tax Advisor Name Tax Advisor Phone Tax Advisor Email Notes / Additional Info Accessibility Privacy Policy California Privacy Terms of Use Contact Us Locations Resources ©2021 Investment Property Exchange Services, Inc. | All Rights Reserved.