1031 Tax Exchange Database

Filed under:Tax — posted by admin on December 23, 2007 @ 7:03 pm

It is very hard sometimes to find a property which you will want to hold in your real estate portfolio for a long period of time when you know that you have a fast approaching deadline. This article will focus upon locating a tax exchange database as this might provide a list of properties which you may be interested in.

When you are looking at acquiring your property, remember that you only have a 45 day window from the time that you sold and closed on your old property from which to identify a new property or properties which you will want to buy to complete the 1031 tax exchange. You must also close upon these properties within 180 days from the time that you sold and relinquished that very same property. Thus, the 45 day identification window and 180 day closing on properties window are running time currently.
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