Capital Gains & Losses

Is there a time limit within to finish a tax free like kind exchange ?

Answer:

Generally, you have 45 days to identify the like kind exchange property and 180 days to complete the exchange. No extensions of time are allowed. The property must be described in a written document with a legal description or street address.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Capital Gains & Losses Questions

View More Questions