Glossary abcdefghijklmnopqrstuvwxyz1711031 EXCHANGE7721 UPREITaACCELERATED COST RECOVERY SYSTEM (ACRS)ACCELERATED DEPRECIATIONACCOMMODATORACTUAL RECEIPTADJUSTED COST BASISAFTER-TAX RETURNAGENTALTERNATIVE MINIMUM TAXASSETASSET ALLOCATIONASSET CLASSbBALANCING THE EXCHANGEBASISBENEFICIARYBONDBOOTBUILD-TO-SUIT EXCHANGEBUSINESS ASSETScCAPITAL GAIN OR LOSSCAPITAL GAIN TAXCAPITAL IMPROVEMENTSCAPITALIZATION RATECASH EQUIVALENTSCHARITABLE LEAD TRUSTCHARITABLE REMAINDER TRUSTCOLLECTIBLESCOMMUNITY PROPERTYCONCURRENT EXCHANGECONDOMINIUMCONSTRUCTIVE RECEIPTCOOPERATION CLAUSECOOPERATIVESCORPORATIONdDEDUCTIONDEFERRED EXCHANGEDELAYED EXCHANGEDEPRECIABLE PROPERTYDEPRECIATIONDEPRECIATION RECAPTUREDIRECT DEEDINGDISPOSITIONDIVIDENDeEATEQUITYEXCHANGEEXCHANGE ACCOMMODATION TITLEHOLDER (“EAT”)EXCHANGE AGREEMENTEXCHANGE PERIODEXCHANGOREXCLUDED PROPERTYfFAIR MARKET VALUEFIXED INCOMEFRACTIONAL INTERESTgGOING CONCERN VALUEGOODWILLGROSS MULTIPLIERiI.R.S.IDENTIFICATION PERIODIMPROVEMENT EXCHANGEIMPROVEMENTSINCOME TAXINTANGIBLE PERSONAL PROPERTYINTERMEDIARYINTERNAL REVENUE CODE 1031IRREVOCABLE TRUSTjJOINT TENANCYlLIKE-CLASS AND LIKE-KIND PERSONAL PROPERTYLIKE-KIND EXCHANGELIKE-KIND PROPERTYLIMITED LIABILITY COMPANY (LLC)LIMITED PARTNERSHIPLIVING TRUSTSmMIXED PROPERTY (MULTI-ASSET) EXCHANGEMODIFIED ACCELERATED COST RECOVERY SYSTEM (MACRS)MORTGAGE BOOT/RELIEFMULTIPLE PROPERTY EXCHANGEnNAPKIN TESTNET OPERATING INCOMEoORDINARY INCOME TAXpPARKING ARRANGEMENTPARTIAL EXCHANGEPARTIAL TAX DEFERMENTPARTNERSHIP (TENANCY IN PARTNERSHIP)PERSONAL PROPERTY EXCHANGEPRINCIPAL RESIDENCE EXEMPTIONqQUALIFIED ESCROW ACCOUNTQUALIFIED EXCHANGE ACCOMMODATION AGREEMENTQUALIFIED EXCHANGE ACCOMMODATION ARRANGEMENTQUALIFIED INTERMEDIARYQUALIFIED TRUST ACCOUNTQUALIFIED USErREAL ESTATE INVESTMENT TRUST (REIT)REAL PROPERTYREAL PROPERTY EXCHANGERELATED PARTYRELINQUISHED PROPERTYREPLACEMENT PROPERTYREVERSE EXCHANGEREVERSE/IMPROVEMENT EXCHANGEREVOCABLE TRUSTROLLOVERROTH IRAsS CORPORATIONSAFE HARBORSSELLER CARRY-BACK FINANCINGSEQUENTIAL DEEDINGSIMULTANEOUS EXCHANGESTARKER EXCHANGEState Income TaxStep-Up in BasisSTRAIGHT-LINE DEPRECIATION METHODSubstantial ImprovementtTANGIBLE PERSONAL PROPERTYTAX-DEFERRALTAX-DEFERRED EXCHANGETAXPAYERTENANCY IN SEVERALTYTENANCY-IN-COMMON INTEREST (CO-TENANCY)Third-Party Administrator (TPA)Title CompanyTITLEHOLDERTriple Net Lease (NNN)TRUSTTRUSTEE