In the 1031 exchange process, investors must understand how much time they have to complete the exchange. Searching for properties that meet the criteria and fit your investment goals can be time-consuming. To meet all the guidelines properly and efficiently, you need to understand the rules and have the right strategy in place.
If you complete the exchange successfully within that time, you will qualify to defer taxes on your capital gains for the investment. The first 45 days of the 1031 exchange are crucial, since you must complete thorough research and due diligence within the time window. To navigate the process efficiently, have a plan before you get started.
The 1031 exchange process lays out precise requirements and timelines. Keep in mind these rules to help you navigate your exchange successfully:
At 1031 Crowdfunding, we understand that the 1031 exchange rules can be complex, and our expert team is dedicated to helping investors navigate the process with professional guidance from start to finish. You can cut down on the timeline of your exchange from 180 days to less than a week — most of our clients close on their new purchases within 3-5 days.
Let us make your 1031 exchange process easier. Register to View All Properties today.