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1031 Exchange Timeline

45 Days Deadline

You have 45 days from the sale of your Relinquished Property to identify your potential Replacement Properties. You can generally identify up to 3 properties or more, subject to the Rules of Identification. You do not have to have the identified property or properties under contract in order to identify them.

About Stephen A. Wayner, Esq., CES

Stephen Wayner is an attorney, Certified Exchange Specialist (CES), and Managing Director of Liberty 1031. Mr. Wayner is recognized as a leading authority on the subject of 1031 exchange transactions. He is a current board member of the Federation of Exchange Accommodators (FEA) and is the author of numerous books and articles on 1031 Exchanges and real estate investing. Mr. Wayner has been cited as an expert on 1031 Exchanges in publications including USA Today, NewYork Times, Business Week, and The Wall Street Journal among many others.

Explore These Additional 1031 Exchange Topics

Types of Exchanges

Explore the various types of exchanges to better understand your options.  Read more

Sample Savings

Read examples illustrating the savings realized through a 1031 Exchange. Read more.

Understanding 1031

Learn the key rules for successful 1031 real estate exchanges. Read more.

Benefits of a 1031 Exchange

Review the numerous advantages 1031 exchanges have to offer. Read more.

What to Expect In The 1031 Process

Learn what happens after you begin the 1031 Exchange process. Read more.

The 1031 Exchange Timeline

Put exchange timeframes into perspective with this helpful visual. Read more.

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