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Updated over 13 years ago on . Most recent reply

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Joel Owens
  • Real Estate Broker
  • Canton, GA
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15,204
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1031 Exchange Question

Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorPosted

I know there is not a specific time to hold to 1031 proceeds however generally a year is given as a time frame that the IRS will accept.

Does the year time frame have to be continous or can you have a break in title??

Example owner financed deal. Insurance problem which needs title transfer for a few days and then back in to your name again for title but no monetary value took place.

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