What This Includes

Our 45 Day Identification Strategy service helps investors navigate the critical first deadline in their 1031 exchange timeline. This service is designed for property owners who have closed on their relinquished property and need to identify replacement properties within the strict 45-day window established by IRS regulations.

We coordinate with Qualified Intermediaries and qualified escrow companies to ensure your identification letter is properly structured and delivered before the deadline. Our process includes nationwide property identification, deadline tracking, and strategic planning to maximize your options while meeting IRS requirements. We help Albuquerque, NM investors understand the identification rules, including the three-property rule and 200-percent rule options, so you can make informed decisions about which properties to identify.

Timing is critical—you have 45 days from the closing date of your relinquished property to identify replacement properties, and then 180 days total from that same closing date to complete the acquisition. Our team ensures you stay on track with both deadlines while identifying properties that align with your investment goals.

What We Deliver

Nationwide replacement property identification and sourcing

45-day deadline tracking and reminder system

Identification letter drafting and review support

Coordination with Qualified Intermediaries and qualified escrow companies

Education on identification rules (three-property, 200-percent, 95-percent rules)

Property evaluation and screening assistance

Timeline coordination for both 45-day and 180-day deadlines

Documentation support for identification requirements

FAQs about 45 Day Identification Strategy

What is the 45 day identification deadline?

Albuquerque, NM investors must identify replacement properties within 45 days of closing on the relinquished property. This deadline is strict and cannot be extended. The identification must be made in writing to your Qualified Intermediary, and the letter must include specific property descriptions or legal descriptions. Missing this deadline disqualifies the exchange, so timely identification is essential for Albuquerque, NM investors.

What identification rules apply to Albuquerque, NM investors?

Albuquerque, NM investors can use three identification rules: the three-property rule (identify up to three properties of any value), the 200-percent rule (identify any number of properties as long as their total value doesn't exceed 200% of the relinquished property value), or the 95-percent rule (identify any number of properties if you acquire at least 95% of their total value). We help Albuquerque, NM investors choose the right rule based on their situation and property options.

What happens if I receive boot in my exchange?

If Albuquerque, NM investors receive boot (cash or non-like-kind property) in their exchange, that boot amount is taxable. Boot can occur when the replacement property value is less than the relinquished property value, when debt relief exceeds new debt, or when cash is received. We help Albuquerque, NM investors structure their exchanges to minimize boot and coordinate with tax advisors to understand the tax implications.

Can I identify properties outside New Mexico?

Yes, Albuquerque, NM investors can identify replacement properties anywhere in the United States. All 50 states qualify for like-kind exchange purposes. We help Albuquerque, NM investors identify properties nationwide, whether you want to stay local or diversify into other markets. Our nationwide network ensures you have access to qualified replacement properties regardless of location.

What happens if I can't find replacement properties in 45 days?

If Albuquerque, NM investors cannot identify replacement properties within 45 days, the exchange fails and taxes become due. This is why early planning is critical. We help Albuquerque, NM investors start the identification process before closing on the relinquished property, giving you more time to evaluate options and make informed decisions. Our proactive approach helps prevent missed deadlines.

45 Day Identification Strategy