Delayed exchange
Sell first. Find what comes next.
Sell your investment property, then acquire a replacement property within the required exchange period.
The most common approach
A plan built around your transaction.
A delayed exchange gives you time after a sale to identify and purchase your next investment property. Olumie coordinates the exchange documentation and holds the proceeds while you plan the acquisition.
- Engage your intermediary before the sale closes.
- Identify replacement property in writing within 45 days of the sale.
- Complete the acquisition within the applicable exchange period.
Worth discussing early
The exchange period generally ends at the earlier of 180 days after the sale or your tax return due date, including extensions. The identification and acquisition periods run at the same time.
This overview is educational. Review the structure and tax consequences with your tax and legal advisors.
Discuss your exchangeA conversation is a good place to start
Let’s talk about your next move.
Selling soon, already under contract, or exploring your options? We’re here to help you plan your exchange.
