1031 Exchanges
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1031 Exchanges
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Updated over 4 years ago on . Most recent reply
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Replacement properties list
I have an exchange open where I relinquished 5 properties and put all the funds into an exchange. Do I get to identify 3 per property relinquished, or is it 3 for the exchange in total?
i think it is 3 per property relinquished but maybe I am incorrect since its all one exchange?
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And.... for anyone reading along ;). As I was thinking this all thru I realized I sold the 5 properties as "one" with one transaction, one price, one close, etc. That must be it.