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JesseO
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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?
 
 
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"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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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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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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