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JudyB
Level 4
April 11, 2022

1031 exchange: Are there any exceptions to the 180 day purchase rule?

  • April 11, 2022
  • 1 reply
  • 7 views

Client sold investment land 6/25/2021.

With market so busy, there were not able to get "in" until they purchased March 15,2022. 

Is there any way to claim a 1031 exchange. All $ held by QI,, and 45 day notice given at sale of land.

Thanks

Judy

    This topic has been closed for replies.

    1 reply

    qbteachmt
    qbteachmt
    Level 15
    April 12, 2022

    You asked this Twice. Here:

    https://proconnect.intuit.com/community/tax-talk/discussion/1031-exchange-time-restrictions/01/218567/highlight/false#M7909

    And the story seems to be a bit different. It helps to keep to one topic with the applicable details.

    I will mark this as Duplicate for deletion. No need to keep starting the same issue as new topics, just to provide more info.

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