Calculate your 45-day identification deadline and 180-day exchange completion deadline. Free, no email required, instant results.
The closing date of the relinquished property is Day 0. Everything counts forward from there.
By Day 45, your written identification must satisfy one of these three IRS rules.
Identify up to three properties of any value. The most commonly used rule. Best for most standard exchanges where you have a top pick plus two backups.
Identify any number of properties as long as their combined fair market value does not exceed 200% of the value of the property you sold. Best for diversifying.
Identify any number of properties of any value, BUT you must actually acquire properties worth at least 95% of the total identified value. Risky.
See approximately how much capital gains tax you would defer.
A 1031 exchange has two transactions, the sell and the buy. Jason Bitton can help with either or both. Whether you are trying to maximize the sale price of your relinquished property or find the right replacement before Day 45, get professional help.