Note- The 45 day identification period runs concurrently with the 180 day purchase requirement!
(e.g., if you use all 45 days to identity your properties, then you will have 135 days remaining to close)
Also note that these are calendar days, so weekends and holidays count!
Disclaimer: This page has been written as a concise overview/introduction to 1031 Exchanges and is meant for educational purposes only and should not be considered tax or legal advice. You should always consult with your own legal, tax, and financial advisers, as well as a licensed Real Estate Agent and Qualified Intermediary, to determine if a tax deferral strategy such as a 1031 Exchange is suitable for your specific circumstances.