45-Day Replacement Property Identification Requirement

45-DAY IDENTIFICATION REQUIREMENT

Once the Relinquished Property is sold, the Exchanger has 45 days to identify new Replacement Property options. There are three (3) options for identifying Replacement Property – the Exchanger may choose one of the options.

Note: If your Exchange is a Construction, Improvement, or non-standard Exchange, please contact 1031trx as additional information may be required.

3 Replacement Property Identification Options

OPTION 1: You may identify up to 3 qualifying properties of any value and purchase one, two, or three of the properties.

OPTION 2:You may identify as many properties as you like and you must list the fair market value (FMV) of each property on the list. The sum of the FMV of all the properties must not exceed 200% of the value of the Relinquished Property. You may purchase any number of the properties from the list.

OPTION 3:You may identify as many properties as you like and you must list the FMV of each property on the list. The sum of the FMV of all the properties must not exceed 200% of the value of the Relinquished Property. You may purchase any number of properties from the list.
45-DAY REPLACEMENT PROPERTY IDENTIFICATION FORM

45-DAY REPLACEMENT PROPERTY IDENTIFICATION FORM