A Reverse Exchange is a transaction in which the taxpayer wishes to acquire the replacement property prior to the sale of the relinquished property. The Revenue Procedure 2000-37 provides a safe harbor for "parking" property. Typically the Exchange Accommodation Titleholder (EAT) will acquire the replacement property utilizing the taxpayer's funds. The taxpayer will have 45 calendar days from the transfer of title to identify, in writing, to the intermediary, the property to be relinquished. The taxpayer will have a total of 180 days to dispose of the relinquished property.