Cryptocurrency Q&A
What is the 45-day identification rule for a 1031 exchange?
What is the 45-day identification rule for a 1031 exchange?
Ilaria
Thu Aug 08 2024
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0 answers
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Can you explain what the 45-day identification rule entails in the context of a 1031 exchange? Specifically, what does it mean and how does it impact the process of exchanging investment properties for tax deferral purposes? It would be great if you could provide a concise yet comprehensive overview of this rule and its significance in the world of cryptocurrency and finance.
