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Thread: Simple question...

  1. #1
    (5) Porsche JesseO's Avatar
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    Default Simple question...

    How long do you have after the close of a sale to 1031 it into a new property? Is it 6 months or a year?

  2. #2
    Moderator andviv's Avatar
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    Default 6 months

    "The replacement property must be “identified” within 45 days after the sale of the old property and the acquisition of the replacement property must be completed within 180 days of the sale of the old property."

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    Default Re: 6 months

    Quote Originally Posted by andviv View Post
    "The replacement property must be “identified” within 45 days after the sale of the old property and the acquisition of the replacement property must be completed within 180 days of the sale of the old property."

    it doesn't depend on state?

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    (3) Lamborghini JScott's Avatar
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    Default Re: 6 months

    Quote Originally Posted by yunghova35 View Post
    it doesn't depend on state?
    Nope, it's an IRS regulation...which is Federal...

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