The 1031 Exchange 45-Day Trap: How to Avoid Mistakes When You're Racing the Clock

A 1031 exchange gives you 45 days to identify your replacement property, but starting the clock unprepared can cost you. Here's how to manage the process.

# The 1031 Exchange 45-Day Trap: How to Avoid Mistakes When You're Racing the Clock A 1031 exchange gives you 45 days to identify your replacement property, but starting the clock unprepared can cost you. Here's how to manage the process. **Read the full article:** [Kiplinger](https://www.kiplinger.com/taxes/tax-planning/how-to-avoid-1031-exchange-timeline-mistakes) *This article was originally published by Kiplinger. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*