Happy President’s Day! We get a lot of questions on the topic of 1031 exchange extensions and rollovers on national holidays. Can you extend your 45 day or 180 day 1031 exchange time frames if a national holiday lands within those time periods? In this article, we are going to talk about 1031 exchange extensions and national holidays.
Sadly, there are no extensions or roll-overs for national holidays as to the 45-day identification period or the 180-day exchange period. So if President’s Day, or another national holiday falls within your 1031 exchange time periods, it will be treated as any other day. You do not get any extension on your exchange period.
Answers to Your 1031 Exchange Questions
Any more questions about 1031 exchanges? The qualified intermediaries at Commercial Partners Exchange Company are here to help! We have more than two decades of experience facilitating like-kind exchanges for clients throughout Minnesota and across the United States. We can help you through every aspect of your exchange and make sure your bases are covered every step of the way. Contact us today at our downtown Minneapolis office to learn more about our services and how we can help you with your exchange!
Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.
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