Preheat oven to 325 degrees F. Grease and flour a bundt pan (We used a 12 cup capacity bundt pan, 10 inches across). - See notes
In a medium bowl, whisk the flour, baking powder, baking soda and salt for 30 seconds. Set aside
In another bowl, add the buttermilk, vegetable oil, coconut extract and almond extract. Set aside..
In the bowl of your mixer, add the butter and mix at medium speed until smooth. Gradually add the sugar and continue to mix on medium speed for 3 to 5 minutes until lightened in color and fluffy. Add the eggs one at a time mixing until the yellow of the yolk is blended.
With the mixer on low speed, alternately add the flour mixture and buttermilk mixture, beginning and ending with the dry ingredients (3 additions of dry ingredients and 2 of liquid). Mix just until blended.
Fold in the shredded coconut.
Scoop batter into prepared bundt pan and bake at 325 degrees F for 45 minutes or until a toothpick inserted in the center comes out clean or with just few crumbs attached. Oven times can vary. Let cool 10 minutes and turn out.