Answer
What is a reverse 1031 exchange?
A reverse 1031 exchange lets you close the replacement property before selling the relinquished property. An Exchange Accommodation Titleholder (EAT) parks title on one of the two properties for up to 180 days. It's more expensive and more paperwork-intensive than a forward exchange, but it eliminates the 45-day identification pressure.
When it makes sense
When you've found the replacement property before your current building is under contract, or when your current building will take longer than 180 days to sell.
What it costs
Setup fees typically run $5K–$15K plus EAT carrying costs. Worth it when the replacement is time-sensitive; otherwise a forward exchange is simpler.
Local context
This answer reflects how deals actually trade in Cameron Samimi's core coverage area: the South Bay (Torrance, Redondo Beach, Hawthorne, Lawndale, Gardena, El Segundo), Long Beach (Alamitos Beach, Belmont Heights, Wrigley, Bixby Knolls, Downtown), and Westside LA. Pricing, rent regulation, and buyer depth differ materially between these submarkets — verify the specifics for your property before acting.
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