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The 1031 Delayed Exchange is the most common type of 1031 Exchange. A Delayed Exchange is when a property is sold, or Relinquished, and another property is purchased (Replaced) within 180 days following the sale. For 1031 Delayed Exchange to occur legally, the sale proceeds must be held by a Qualified Intermediary - Advance Property Solutions - between the sale of the Relinquished Property and the purchase of the Replacement Property.
For more information about the Delayed Exchange, please call us at 1-877-815-1031 for a FREE consultation.
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