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In attempting a tax deferred 1031 exchange for like-for-like properties will I run into problems if we put a 'down payment' hold on a property yet to be built?. Once we know the range of possible closing dates for the purchased property we can sell the relinquished properties so the closing documents (in this case two (2) sold and one (1) purchased) will all fall within the 180 day time limit.
In the same example above, does the 180 day period covering part of two (2) calendar years add any complexity other than that period of the respective year that can be attributed to each property. (i.e. days available for rental / 365)
Thirdly, what about multiple state jurisdictions? In this case we might sell one (1) property in Oregon and one (1) property in California and purchase one (1) property in Nevada.
In the same example above, does the 180 day period covering part of two (2) calendar years add any complexity other than that period of the respective year that can be attributed to each property. (i.e. days available for rental / 365)
Thirdly, what about multiple state jurisdictions? In this case we might sell one (1) property in Oregon and one (1) property in California and purchase one (1) property in Nevada.