Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
1031 Exchanges
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 12 years ago,

User Stats

10
Posts
0
Votes
Minsu Goo
  • Des moines, IA
0
Votes |
10
Posts

First time doing 1031 exchange, who should be my qualified intermediary??

Minsu Goo
  • Des moines, IA
Posted

Hello, I have a few qustions regarding perfoming 1031 exchange.
First time doing 1031 exchange, closing one property at the end of the month.

Now I know you have 45 days to identify up to 3 replacement properties and 180 days to buy one and close.
I heard if tax due date comes first before 180 days, then you will have less than 180 days. (So in my case, roughly 4 months.)
Is this true?

And who should I hire as my qualified intermediary?
Title company is handling the closing on current property.
Or should I hire an attorney?

Thanks in advance.

Loading replies...