1031 Exchange Deadlines

How much time do I have to complete my 1031 exchange?

1031 Exchange transactions require investors to meet very strict deadlines. There are three key deadlines to consider when structuring your 1031 Exchange.

First, you must retain the services of a Qualified Intermediary before any of your transactions close.

Second, you have exactly 45 calendar days, starting the first day after you close, to identify your replacement properties. You must provide this identification of replacement properties to your Qualified Intermediary no later than midnight of the 45th day following the close of sale.

Third, you have exactly 180 calendar days to complete your entire 1031 Exchange transaction, including the receipt of legal title to all replacement properties. The 180 day exchange period includes the 45 day identification period.

These 1031 Exchange deadlines cannot be extended for any reason.

1031 Exchanges are complex, that's why you need an expert! Call Exeter 1031 at 1-619-239-3091 or visit http://www.exeterco.com