Replacement Property identification is important in 1031 Tax Deferred Exchanges. If an exchange fails, it’s often because of deficiencies or discrepancies in the identification of Replacement Properties. Take a few minutes to make sure you understand how to properly ID your Real Estate Exchange properties.
1031 Rules, Timelines, LKE & ID
Become a 1031 Exchange Expert: Unleash Your Potential with these Valuable Resources and Educational Videos
If more than one Replacement Property is identified, the taxpayer must adhere to one of the three identification rules. And the rules are mutually exclusive, so a taxpayer may only use one rule at a time. Watch this quick tutorial to learn more.
There are crucial timing and identification rules to make your tax deferred exchange qualify. Watch this 1031 Exchange tutorial to make sure you understand all.
1031 Exchange Logistics 1031. Here’s a description of exchanging and how to complete a qualifying tax deferred exchange in the most painless way possible.
IPX1031 Video Categories