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Deadlines & checklist

1031 exchange timeline: the 45-day and 180-day rules

Two deadlines decide every 1031 exchange. Calculate yours in seconds, then use our checklist to hit them with room to spare.

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By Ken Calder, Broker/Owner, You Decide Realty · NV Lic. B.1001776 · 30+ years in Nevada real estate · Updated September 26, 2026
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1031 exchange deadline calculator

Your 1031 deadlines
Pick the date your relinquished property closed (or is scheduled to close). Your identification and exchange deadlines appear instantly.
Day 45 · identify
—
Written ID to your QI
Day 180 · close
—
Replacement received
Tax return due
—
Without extension
Deadlines run in calendar days and do not move for weekends or holidays. The exchange period ends on day 180 or your tax-return due date (including extensions), whichever is earlier. Confirm your dates in writing with your QI and CPA.
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We'll email your day-45 and day-180 dates plus a one-page checklist, and a licensed broker will follow up to help you hit them.

Call or text (702) 843-0044
Thank you. Ken's team has your request and will reach out within one business day. If your sale has already closed, call (702) 843-0044 now so we can map your deadlines.
The rules

The 45-day and 180-day rules, explained

Day 0
Sale closes
Both clocks start
45
Identification
Signed, written, to your QI
180
Exchange period
Or tax-return due date

Day 0: the transfer

Both clocks start on the date you transfer your relinquished property, which is normally your closing date. If you sell more than one property in the same exchange, the clocks generally start with the first transfer.

The 45-day identification rule

By midnight of day 45 you must identify your replacement property in a written document you sign, delivered to your QI or another permitted party (not your attorney, agent, or a family member). The description must be unambiguous: a street address or legal description. You can generally identify under one of three rules:

RuleWhat it allowsBest for
Three-property ruleUp to 3 properties of any valueMost exchanges: a first choice plus two backups
200% ruleAny number of properties if their total value is no more than 200% of what you soldBuying several smaller properties
95% ruleAny number and value, but you must actually acquire at least 95% of the total identifiedRare; high risk if a deal falls through

The 180-day exchange period

You must receive (close on) your replacement property by the earlier of day 180 or the due date, including extensions, of your federal tax return for the year of the sale. That second part catches people who sell late in the year. For example:

  • Sale closes October 15, 2026 → day 45 is Sunday, November 29, 2026 → day 180 is Tuesday, April 13, 2027. Day 180 falls before the April 15, 2027 return due date, so no extension issue.
  • Sale closes December 1, 2026 → day 45 is Friday, January 15, 2027 → day 180 is Sunday, May 30, 2027. That's after April 15, 2027, so unless you file a tax-return extension, your exchange period may end April 15.

No extensions for weekends or holidays

The deadlines run in calendar days. If day 45 lands on a Sunday or Thanksgiving, it doesn't roll to Monday. Plan to deliver identification and close a few days early. The only general exception is IRS disaster relief: when the IRS postpones deadlines for a federally declared disaster area, exchange deadlines may be extended for affected taxpayers. Ask your QI and CPA whether a notice applies to you.

Checklist

1031 exchange timeline: week-by-week checklist

WhenWhat to do
Before listingTalk to your CPA and a 1031-savvy broker; estimate equity, debt, and replacement target
In escrow on your saleSign the QI exchange agreement; start touring replacement property; get pre-approved if financing
Day 0Sale closes; proceeds go straight to the QI; confirm your deadlines in writing
Days 1–30Make offers; get your first choice under contract if possible
Days 30–45Finalize a first choice plus backups; deliver signed identification to your QI (don't wait for day 45)
Days 45–120Inspections, appraisal, HOA/title review, loan approval
Days 120–170Close with margin; QI wires funds directly to escrow
Tax seasonYour CPA reports the exchange on IRS Form 8824

Prefer a printable version? Download the free 1031 Exchange Timeline Checklist (PDF).

Common questions

1031 Exchange Timeline FAQ

What is the 45-day rule in a 1031 exchange?▼
You must identify potential replacement property in a signed, written document delivered to your Qualified Intermediary (or another permitted party) by midnight of the 45th calendar day after your relinquished property transfers.
What is the 180-day rule in a 1031 exchange?▼
You must receive your replacement property by the earlier of 180 calendar days after the sale or your federal tax-return due date (including extensions) for the year of the sale.
Do weekends and holidays extend 1031 deadlines?▼
No. Both deadlines count calendar days and don't move for weekends or holidays. The main exception is IRS disaster relief for taxpayers in federally declared disaster areas.
Is the 180 days in addition to the 45 days?▼
No. The 45-day identification period runs inside the 180-day exchange period. Both start on the same day.
Can I change my identified properties?▼
You can revoke and replace identified properties before day 45 with a signed written revocation to your QI. After day 45 your list is locked.
What happens if I miss the 45-day deadline?▼
The exchange generally fails, and the sale is treated as taxable. When the QI can release your funds depends on your exchange agreement and the regulations.
Free consultation
Talk through your exchange with Ken

Tell us where you are in the sale. A licensed Nevada broker responds within one business day, usually the same day. We coordinate with your QI, CPA, and attorney; we don't replace them.

Call or text (702) 843-0044
Thank you. Ken's team has your request and will reach out within one business day. If your sale has already closed, call (702) 843-0044 now so we can map your deadlines.
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