Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 3
posted Feb 28, 2022 7:11:32 PM

Question about 1031 Exchange

Hello, 

When a rental property is purchased through the 1031 Exchange, is there a deadline for renting the purchased property?   For how long it can remain vacant?    Thanks for any help. 

0 1 234
1 Best answer
Level 15
Feb 28, 2022 7:44:38 PM

The safe harbor for 1031 exchanges can be found at the link below.

 

https://www.irs.gov/pub/irs-drop/rp-08-16.pdf

1 Replies
Level 15
Feb 28, 2022 7:44:38 PM

The safe harbor for 1031 exchanges can be found at the link below.

 

https://www.irs.gov/pub/irs-drop/rp-08-16.pdf