What are the "nuts and bolts" of a 1031 exchange? How does a 1031 Exchange work exactly? Are there certain guidelines I need to follow to complete my 1031 Exchange? Are there any time restrictions for completing a 1031 Exchange? What are the requirements for replacement properties? How do I know which replacement property option is best for me? Which companies have the best replacement properties? Is a Tenant-in-Common property a good fit for me? Why should I consider an Oil & Gas property? What are the benefits of exchanging rather than just paying the taxes? Do I have to be in a 1031 Exchange in order to invest? What do you charge for your services?	Are there any time restrictions for completing a 1031 Exchange? Yes. There are strict time limitations on completing your exchange. 45-day Identification Period You have 45 days from closing in which to properly identify potential replacement properties. 180-day Period You must close on one or more of the identified properties within 180 days - or by the due date of your federal tax return for the year in which you closed on your relinquished property (whichever is earlier). If the 180 day period extends beyond April 15th and your new property has not yet closed, it is possible to file an extension. It is imperative to plan ahead for your next exchange. There are no time extensions available. If you do not meet the stated time requirements, you will be required to pay the taxes associated with the sale of your relinquished property. We would be happy to answer any questions you may have. Feel free to contact us today! 866.347.1031 toll-free
Securities offered through Steven L. Falk & Associates, Inc., Member NASD-SIPC 3245 Elk Clover Street | Las Vegas, Nevada 89135 | 702.240.0174 office This information is neither an offer to sell nor a solicitation of an offer to sell any security and is being supplied for information purposes only. All investments have inherent risks; TIC investments also have risks, including those common in real estate investment. Potential risks relating to each investment property are disclosed in a private placement memorandum available to ACCREDITED INVESTORS ONLY that must be read by the investor prior to making an investment decision. The information provided on this website is not intended as a substitute for qualified legal and/or tax advice. Copyright 1031ExchangeWorks.com All rights reserved.    Web Design A3K Advertising, Inc.  Contact ExchangeWorks Site Map