Introduction & Welcome Escrow Types and  Specialties Multi-Lingual Services Affiliations 1031 Exchanges Documents Know Your Regulator How to Contact Us Other Related Links Home	Q What is a 1031? A 1031 is a number assigned to the Internal Revenue Code section that deals with tax deferred exchanges. It goes back as far as the 1920's.   Q Why is it so popular? A The most important reason is to defer capital gains tax.   Q How much time do I have? A You have 45 days from the day you close escrow to identify your replacement properties. Up to 3 possible acquisition properties may be identified. Replacement of any acquisition property must be completed within 180 days after close of escrow of relinquished property.   Q What properties qualify for 1031? A Like for like properties.
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