The Orginial Realty Investing Magazine
If you’re thinking about completing a #1031 exchange to trade investment or business real estate, you should have a thorough understanding of all the deadlines involved. Failing to meet even one can jeopardize the tax-deferred nature of your transactions.
The good news is that there are two main deadlines, and compliance is not complicated. It does, however, require due diligence and careful counting of calendar days.
Your qualified intermediary should be helping you manage these deadlines, but ultimately the responsibility falls on the investor to ensure all deadlines are met.
If a 1031 exchange is in your future, visit our website to learn more about these powerful tax deferral tools and our qualified intermediary and replacement property locator services.