Why Tracking Your 1031 Deadlines is Critical

1031 exchange specialist tax code
1031 exchange specialist tax code

The Internal Revenue Service enforces two strict, non-negotiable deadlines under Section 1031 of the Internal Revenue Code: 45 calendar days from the sale of your property to identify replacement properties in writing, and 180 calendar days total to complete the purchase.

Because these are strict calendar deadlines, weekends, federal holidays, and personal emergencies do not grant extensions. Missing either deadline by even a single day immediately invalidates your exchange, triggering full capital gains taxes, state taxes, and depreciation recapture on your sale proceeds. Using this calculator ensures you know your exact cutoff dates from day one, giving you maximum runway to source, inspect, and close on high-performing replacement properties without rushing or incurring unnecessary tax liability.

Find out more about the Real Estate Investment Market in Portland.

Contact the local 1031 Exchange Specialist for Off Market Inventory