1031 Timelineby Michael CroninAugust 31, 2016February 23, 20171031 Exchange Timeline The IRS allows 45 days from the date of close to identify replacement properties. The exchanger then has the balance of 180 days to complete the exchange. Tags:1031 exchange timeline200% rule3 property rulerelinquished propertyreplacement propertytax deferred exchange Leave a Reply Cancel replyYou must be logged in to post a comment.