1031 Exchanges 2019-11-06T17:20:28-05:00

1031 Exchanges

Four Key Requirements for a Valid Exchange

Identification Rules

The replacement property must be identified in writing and such acknowledgement must be sent to the qualified intermediary (“QI”) within 45 days from the closing of the relinquished property.

Replacement Deadlines

The replacement property must be acquired the earlier of:

(1) 180 days from the closing of the sale of the relinquished property

-or-

(2) the due date for the exchanger’s tax return for the year in which the relinquished property was sold

Preferred Qualified Intermediary:

Investors Title - Exchange & Accommodation
Email Nikhil