1031 Exchange Rules??

[Said Aliyev]

Hello Bigger Pockets community,

   I began investing in real estate a couple years back and recently completed my first fix and flip. I am wondering if there is any good information about the 1031 exchange rules. I understand I have to identify some properties within 45 days and close within six months. Is there more to it than that? I guess my questions are: Is there anything else that I need to know? Anything else to consider? Any tips based on your experiences? Thank you!