How do I get an extension to my 45-day deadline?

The short answer: you don't. Except in VERY EXTREMELY RARE CIRCUMSTANCES, there is no such thing as an "extension" to the 45 day identification deadline. The 45 day requirement is a part of the code section. Legally, that makes it "statutory," meaning that the only way that the deadline can be changed is through an act of Congress -- literally! The deadline ends at midnight on the 45th day.

--The Experts

	TeeShots: What a great idea! As always, we love working with you. Beth O'Neill

TEE-Shots are Tips from the Exchange Experts that are designed to make you think about, and ask questions about, the 1031 exchange process.