The time restraints in a 1031 exchange are very important. From closing on the sale of the relinquished property, the owner must identify potential replacement property within 45 calendar days and close on the replacement property within 180 calendar days of the relinquished property sale – OR – the due date (including extensions) for the taxpayer’s tax return for the taxable year in which the relinquished property was transferred, whichever is earlier. Use this calculator to determine your deadlines.
Market Update
The 1031 exchange is a powerful tool for real estate investors, but did you know in the past it has...
Market Update
As most investors know, every state has its own unique tax structure. Federal taxes are uniform...