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Real Estate Glossary

1031 Exchange – Identification Period

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Richard Wilson
Written by Richard Wilson

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.

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.

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Richard Wilson

Richard Wilson

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