1031 Exchange Dictionary

Begins with Contains Exactly matches



Exchange PeriodThe replacement property must be received by the taxpayer within the "Exchange Period", which ends on the earlier of 180 days after the date on which the taxpayer transferred the property relinquished, or the due date for the taxpayer?s tax return for the taxable year in which the transfer of the relinquished property occurs (such as April 15th). Due to the Taxpayer?s ability to extend the date of payment, the exchange period is usually 180 days.
 




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