180-day exchange period
The window in a 1031 exchange to close on the replacement property. Also starts the day the relinquished property sells. Runs alongside the 45-day identification period, not on top of it.
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Part 1 of 4
Why a seller cares
The 180 days run from the day the old property closes, and the replacement has to close inside them. They include the 45-day identification window, so identifying on day 45 leaves 135 days to close.
Part 2 of 4
A simple example
Your rental closes March 1. Replacements are identified by April 15, and the replacement has to close by August 28.
| The date | What it is |
|---|---|
| March 1 | Day zero; the sale closes |
| April 15 | Day 45; identification deadline |
| August 28 | Day 180; the replacement closes or the exchange fails |
One clock, two deadlines, both counted from the same day.
Part 3 of 4
What people get wrong
That the 180 days start after the 45. They run together, from the sale.
Part 4 of 4 · where to read next
Where it appears in the sale
What a definition is, and what it isn't
Keighbor is a software company, not a law firm, brokerage, or tax adviser. This is general information, not legal, tax, financial, or real estate advice about your sale. Your situation may differ. Before acting on a contract, disclosure, title, tax, or pricing question, ask an appropriately licensed professional in your state.
Written and researched by Keighbor Research · drawn from the reference glossary · how we research and check what we publish
In your Room, this word explains itself where it appears.
Your Room defines 180-day exchange period in the step you meet it in, beside the document or the date it belongs to. Free to set up, with an agent or on your own.
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