Glossary of Terms

Delayed Exchange 2015-09-16 08:00:00

Delayed Exchange

Refers to a method of executing a tax deferred exchange (aka 1031 exchange or like-kind exchange) in which the exchanger or taxpayer sells a capital asset and the proceeds from the sale are held by a qualified intermediary for up to 180 days while the exchanger endeavors to acquire a qualified replacement property or properties.

A delayed exchange is the most common method of conducting a 1031 exchange.