1031 EXCHANGE COMMERCIAL REAL ESTATE
Timed to the Deadlines.
THE TIMELINE
The 1031 Exchange Commercial Real Estate Timeline.
Day 0: Your Sale Settles
Sale proceeds go straight to a qualified intermediary and never to you. Taking control of the funds, even briefly, can end the exchange.
Day 45: Identify in Time
Name replacement property in writing within 45 days: up to three of any value, or more if their total is not more than 200% of the sale.
Day 180: Purchase Closes
Close on the replacement property within 180 days of the sale, or by your tax return due date, with extensions, if that date is earlier.
One Clock, No Extensions
The 45-day and 180-day periods run at the same time, from the day your sale closes. Neither period is extended for weekends or holidays.
1031 exchange commercial real estate support from Mundial Capital begins before your sale closes. We plan your listing, start the replacement search and match new exclusives against your deadline. If you need a loan on the replacement property, our debt advisory practice can arrange it as a separate service.
Mundial Capital, LLC is a licensed real estate brokerage, not a qualified intermediary. We never hold exchange funds and give no tax or legal advice. Consult your tax adviser and attorney before relying on any exchange strategy.