A Little Background on 1031 Exchanges

 


A little Background on 1031 Exchanges

Whether this is your first exchange or 100th, congratulations!

You’ve joined a growing group of long-time real estate investors who have used this tax deferred exchange process since 1921.

These days, exchanges are completed pursuant to a few key rules with which you should be familiar.

Among these is that you will have a total exchange period of 180 calendar days to complete your 1031 Exchange.

And don’t forget, you will need to identify the Replacement Property you intend to acquire within 45 calendar days after you close on your first Relinquished Property.

At any time, please reach out to us, or access our 1031 Knowledge Center on our website for more information.

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