A requirement for a valid 1031 exchange is the proper identification of replacement property. From the time a buyer acquires the relinquished property, you have 45 calendar days to find a replacement property in order to complete the 1031 exchange.
1031 Exchange – Identification Period
A requirement for a valid 1031 exchange is the proper identification of replacement property. From the time a buyer acquires the relinquished property, you have 45 calendar days to find a replacement property in order to complete the 1031 exchange.
