877.471.1031
1031 Exchange
Resources
Internal Revenue Code Section 1031 is one of the single greatest wealth building tools available to the real estate investor.
1031 Exchange
ID Letter
Download: 1031 Exchange ID Letter
Please use the link above to download the latest version of our ID letter form. The completed form will be due by day 45 of your exchange.
If you have any questions regarding property identification or your exchange deadlines, please contact your exchange officer. Please note that our business hours are 9:00am - 5:00pm Pacific.
Identification Rules
Replacement properties must be clearly identified in writing by day 45. The IRS allows two identification options and one 'exception':
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The Three-Property Rule: Identify up to three properties, regardless of value.
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The 200% Rule: Identify any number of properties, provided their total fair market value does not exceed 200% of the value of the relinquished property. Example: If a property sells for $500,000, the investor may identify multiple properties totaling up to $1,000,000.
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The 95% Exception: You may identify any number of properties of any value, as long as you acquire at least 95% of the total identified value within 180 days. This exception is rarely used.