Proc. 2018-58 allows participants in a section 1031 like-kind exchange to extend the deadlines for identifying replacement property and completing transactions “by 120 days or to the last day of the general disaster extension period authorized by an IRS News Release or other guidance announcing tax relief for victims of the specific federally declared disaster, whichever is later.”Taxpayers have pointed out that applying the “whichever is later” language means that some section 1031 deadlines could get extended beyond the July 15 due date set in Notice 2020-23, and are wondering if that’s what the IRS intended.

I know this is an odd response (vs my opinion on the subject), but these are questions that lead to some valuable investment approaches.

I know your time is valuable being an accountant on April 15th :) I know you are not my accountant , i was kind of curious if there was a standard or done differently based on deal structure. 

Thank you @Michael Mullins, your input will be very valuable in my quest!

Any guidance is very much appreciated!!!!

I'd appreciate any advice and guidance you can give me. 

Need Guidance looking to buy rental property in Elmont, NY

There's nothing more valuable than your cash. 

Thanks Everyone for your quick responses and your valuable input.

I am looking to get some advice or guidance on my entrance into the real estate world.