If you sell three relinquished properties and do a 1031 exchange for a single replacement property, are there any changes to the 45-day identification period?
The answer all depends on your state of mind. If you are selling three properties all at once to a single buyer under a single purchase agreement, then that would likely be considered a single exchange and you would have a single identification period that would begin when you sell those properties.
However, if you’re selling three different properties to three different purchasers at three different times, it could be argued that those are three separate and distinct exchanges. That means you would have three separate linear timelines for your exchange deadlines.
Theoretically you could pour the money from all three into a single replacement property and you want to keep all of your options available.
This can be a very tricky situation so it’s especially important that you work with a qualified intermediary when doing a complex exchange like this.
Forge Ahead with Your 1031 Exchange
Forge ahead with your 1031 exchange of investment real estate today by contacting a qualified intermediary with the experience needed to facilitate your exchange. CPEC1031, LLC has over two decades of experience in the like-kind exchange industry. We have worked with clients on their exchanges of real estate all over the United States. We have the skills and know-how necessary to ensure a successful exchange with 100% tax-deferral. Reach out to our team of professionals today to talk about your next like-kind exchange of investment real estate!
Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
© 2025 Copyright Jeffrey R. Peterson All Rights Reserved