For a deferred exchange, replacement property generally must be identified within 45 days after transfer of the relinquished property. The identification must satisfy applicable written-identification rules. Because this period moves quickly, investors often begin replacement-property research, financing conversations and advisor coordination before the sale closes.
Professional use
Use this resource to frame questions for your qualified intermediary, CPA, attorney, broker and lender. Facts and deadlines should be verified against current law and the circumstances of the transaction.
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