In reverse 1031, you have 45 days to identify relinquished property after you acquired the replacement property.
So the first house you sold already passed 45 day deadline. The second house has to be sold after 1/15 for you to identify your relinquished property TODAY.
我现在准备卖房然后做1031Exchange,我去年11月和今年1月买了两个房子,这两个房子可以包括在我现在卖房的1031exchange里面吗?听说1031 可以reverse back,请问reverse back的时间是多少?
谢谢!
In reverse 1031, you have 45 days to identify relinquished property after you acquired the replacement property.
So the first house you sold already passed 45 day deadline. The second house has to be sold after 1/15 for you to identify your relinquished property TODAY.
Good luck.