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1031 Exchanges

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Ash Patel
  • Full time investor
  • Cincinnati, OH
303
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400
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Planning before or after

Ash Patel
  • Full time investor
  • Cincinnati, OH
Posted Sep 15 2015, 18:09

In Feb of 2016, I would like to sell 1-3 commercial properties and 1031 them into 1 or more properties.  With only 45 days to identify the next prospects, do most people already have these lined up prior to their 1031 sale?  I know you have 180 days to close but that 45 day identification period seems tight.  

I guess in reality you have the 30-45 days from the time your sell contract is signed till close.  That buys you some time.  Again just curious if people have things inline before their sale.

Thanks - Ash

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