Time frame for a 1033-tax deferred exchange?
Marc Perlof • March 14, 2023
For Commercial Real Estate…
What is the time frame for a 1033-tax deferred exchange?
If your property has been taken via Eminent Domain by a governmental authority (city, county, state, federal), you have up to 2 years from the closing of the sold property to exchange and close Escrow on a new property. There is no identification period as there are no requirements for an investor to identify. This allows a 1033 investor to select any number of properties or investments to complete their exchange. The 1033 exchange is finalized when a purchase takes place and the title is passed to the investor.
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