Time Requirements
45 Days. Taxpayer must identify potential replacement proeprty by midnight of the 45th day from the date of sale.
180 Days. The Taxpayer must acquire the replacement property by midnight on the 180th day.
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Who can Exchange?
Corporations.
Limited Liability Companies
Individuals
Trusts
Partnerships
Reasons to 1031 X?
Improve your investment performance.
Relocate.
Diversify.
Change property you own