1031 Exchange New York - New York 1031 Exchange Experts
1031 Exchange Timeline

trackyour deadlines

Exchange Timeline

Stay on track with your 1031 exchange deadlines. Monitor the critical 45-day identification period and 180-day exchange completion timeline.

Exchange Timeline Tracker

1

Sign Exchange Agreement

Pre-closing

Execute agreement with qualified intermediary

2

Close Relinquished Property

Day 0

Complete sale of current property

3

Identify Replacement Properties

Days 1-45

Select up to 3 properties (or 200% rule)

4

Due Diligence Period

Days 46-120

Inspect and evaluate replacement properties

5

Close Replacement Property

Days 46-180

Complete acquisition of new property

6

File Form 8824

Tax filing deadline

Report exchange on tax return

criticaldeadlines

Understanding the Timeline

45-Day Identification Period

Begins when your relinquished property closes. You must identify replacement properties following one of three IRS rules: the 3-Property Rule, 200% Rule, or 95% Rule.

Due Diligence Period

After identification, you have time to inspect and evaluate replacement properties. This typically occurs between days 46-120 of your exchange.

180-Day Exchange Period

You must complete the acquisition of replacement property within 180 days of closing your relinquished property. This deadline cannot be extended.

Tax Filing Deadline

Report your exchange on Form 8824 when you file your tax return. The form is due by the regular tax filing deadline (including extensions).

Important Timeline Rules

These timelines are strict and cannot be extended. Missing a deadline disqualifies your exchange from tax deferral. Always work with qualified professionals and maintain detailed records of all exchange activities. Contact us if you need assistance coordinating your timeline.