Oregon 1031 Exchange Rules
Oregon 1031 Exchange Rules
Oregon 1031 Exchanges require an acquisition period of 180 days, during which the
oregon property owner must identify potential properties for the exchange (within 45 days) and acquire said
oregon rental property or oregon rental properties. The acquisition period begins at the close of escrow on the relinquished oregon rental property. Furthermore, all
oregon 1031 exchanges must adhere to one of the following rules:
The Three-Oregon Rental Property Rule states that the exchanger must identify up to, but no more than three potential oregon rental properties during the acquisition period.
The 200% Rule - States that, in the even that three or more like kind oregon rental properties are selected in the transaction, their aggregate value must not exceed 200% of the value of the oregon rental property that is being relinquished.
The 95% Exception - Stipulates that the aggregate value of any and all like kind replacement oregon rental properties must account for at least 95% of the value of the relinquished oregon rental property in order for the exchange to qualify. This rule will apply only if rules 1 and 2 do not apply to the specific situation.
Contact us for a free consultation with an oregon 1031 realtor regarding all upcoming 1031 tenants in common exchange opportunities.