Also known as a “Starker exchange” after the landmark case, a delayed exchange is an exchange that includes the sale of a relinquished property followed by the acquisition of replacement property some time within the following 180 days. For complete rules, view 1031 Exchanges Made Easy.
An exchange where the sale of the relinquished property and acquisition of the replacement property occurs at the same time. A Qualified Intermediary is required and all of the same rules must be followed as in a delayed exchange. For complete rules, view 1031 Exchanges Made Easy.