A 1031 exchange lets you defer capital gains taxes by reinvesting proceeds from a property sale into a "like-kind" replacement property. The IRS gives you exactly 45 days to identify and 180 days to close — missing either deadline means full tax liability.
Calculate Your Deadlines
3-Property Rule
Identify up to 3 replacement properties regardless of their combined value. Most common approach.
200% Rule
Identify any number of properties as long as their combined fair market value ≤ 200% of the relinquished property.
95% Rule
Identify any number of properties if you actually close on 95%+ of the total identified value.
Equal or Up
Replacement property must be equal or greater in both equity AND debt to fully defer all capital gains.
Key Requirements: (1) Must use a Qualified Intermediary — you cannot receive sale proceeds. (2) Properties must be "like-kind" (real property for real property). (3) Must be held for investment or business use. (4) Deadlines are absolute — no extensions for weekends, holidays, or errors.
This tool provides general information only. Always work with a Qualified Intermediary and tax advisor before proceeding.