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Exchange Deadlines
The time requirements in a tax deferred exchange
are very stringent. After closing on the sale
of the relinquished (sale) property, an Exchanger
must:
- Identify potential replacement properties
within 45 calendar days (the "Identification
Period"), and
- Close on the replacement properties
within 180 calendar days (the "Exchange
Period") of the relinquished property sale (or
the due date, including extensions, for the
Exchanger's tax return for the taxable year
in which the relinquished property was transferred
- whichever is earlier)
Without taking into account any potential tax filing
date restrictions, the 45-day Identification Period
and 180-day Exchange Period deadlines can be determined
using the tool below:
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