Written by DROdio on January 23rd, 2007 with Read more articles on Web Properties and inside1031.com and CardeaCommercial.com and Identification in the FIRST 45 days and All the Questions You Were Afraid To Ask About 1031s.
3-property rule: You may identify any three properties as possible replacements for your relinquished property. More than 95% of exchanges use the 3-property rule.
200% rule: You may identify any number of properties as possible replacements for your relinquished property as long as the aggregate value of those properties does not exceed 200% of the value of your relinquished property.
95% exemption: You may identify any number of properties as possible replacements for your relinquished property as long as you end up purchasing at least 95% of the aggregate value of all properties identified
Written by DROdio on January 23rd, 2007 with Read more articles on Web Properties and inside1031.com and CardeaCommercial.com and Identification in the FIRST 45 days and All the Questions You Were Afraid To Ask About 1031s.