The 95% rule states that, in the identification process of replacement properties, you can choose as many properties as you want regardless of the aggregate fair market value (FMV) so long as you purchase 95% of their total or more.
95% Percent Rule
The 95% rule states that, in the identification process of replacement properties, you can choose as many properties as you want regardless of the aggregate fair market value (FMV) so long as you purchase 95% of their total or more.
