HOLD THE REPLACEMENT PROPERTY

John David

Distinguished
Dec 4, 2009
1
0
18,510

There are no clear cut regulations regarding holding periods. There are numerous court decisions and other rulings that provide guidance. Generally it must be demonstrated that the intent was to hold the property for investment, income production and/or use in a business. The general guideline is to hold for a minimum of a year and a day.For more information http://www.tm1031exchange.com/