The Delayed Exchange
The most common type of exchange completed today is the delayed exchange format. One of the crucial requirements in a delayed exchange is that the Replacement Property is properly identified within the Identification Period and acquired by the end of the Exchange Period. The Treasury Department issued Regulations in 1991 that clarified the acceptable methods to properly identify Replacement Property. It is essential in a delayed exchange to adhere to these rules and deadlines established for identifying and acquiring the Replacement Property. Failure to comply with these rules may result in a failed exchange. |
| |
| |
| |
|
| |
|
|
