What you need to know about 1031 Exchange deadlines...
Forward and Improvement Exchange Deadlines:
Once the relinquish property is sold the exchanger has 45 days to identify other property(ies) (For more information about identification click here) and they have 180 days to purchase the replacement property(ies)
Reverse Exchange Deadlines:
Since the replacement property is purchased before the relinquished property on a reverse exchange, the only deadline is that both transactions must be complete within 180 days of each other.
The contents herein are intended to convey general information only and not to provide legal or tax advice. You are advised to contact your legal or tax advisor for specific advice on 1031 exchanges. No action should be taken in reliance on the information contained herein and we disclaim all liability in respect to actions taken or not taken based on any or all of the contents herein to the fullest extent permitted by law.