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Video: 180-Day Exchange Period
Every 1031 Exchange is subject to a 180 day exchange period. Watch this video for more details on the exchange period as it pertains to selling your relinquished property and purchasing your replacement property.
Every Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange is subject to a 180 day exchange period. Watch this video for more details on the exchange period as it pertains to selling your relinquished property and purchasing your replacement property.
