45-day identification
The identification window is usually where mid-exchange pressure shows up first. From the day your relinquished property closes, you generally have 45 calendar days to name replacement property correctly, in writing, on time. Miss it and the deferred exchange is typically at risk.
Simple timeline
- Close the relinquished property: Day 0. The identification clock typically starts here.
- Open listing access: View listings for live DST and other 1031-eligible replacements if you have not already.
- Identify on time: Name specific replacement property (or interests) correctly with your QI and advisors before the window ends.
- Complete the exchange: A separate completion deadline also applies (often discussed as the 180-day clock). Coordinate early.
Why listing access matters here
Identification requires specific property or DST interests, named correctly and on time. View listings before you enter the window, or as soon as you are in it, so you can review live inventory while you prepare your identification notice with your team.
After identification
Naming replacements is not the finish line. A separate completion deadline also applies. Start QI wiring, subscription documents (when using DST interests), and advisor review early so the second clock is logistics, not discovery.
View current DST and 1031-eligible replacement offerings.
Call (949) 328-6744 if you want to talk through timing.
Educational only. Not tax, legal, or investment advice. Some offerings are subject to prior sale.