---
title: Delayed Exchange
description: Delayed exchange is a type of 1031 exchange where the exchanger sells an asset and the proceeds from the sale are held by a qualified intermediary until a new asset is located.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Delayed Exchange](https://www.realized1031.com/glossary/delayed-exchange)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jul 14, 2022 12:00:00 PM

Delayed exchange refers to a method of executing a tax deferred exchange (aka [1031 exchange](https://www.realized1031.com/glossary/1031-exchange) or like-kind exchange) in which the [exchanger](https://www.realized1031.com/glossary/exchanger) or taxpayer sells a [capital asset](https://www.realized1031.com/glossary/capital-asset) and the proceeds from the sale are held by a [qualified intermediary](https://www.realized1031.com/glossary/qualified-intermediary) for up to 180 days while the exchanger endeavors to acquire a qualified [replacement property](https://www.realized1031.com/glossary/replacement-property) or properties.

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

[View full post](https://www.realized1031.com/glossary/delayed-exchange)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "The Realized Team"
  },
  "dateModified" : "2022-07-14T18:24:02.593Z",
  "datePublished" : "2022-07-14T12:00:00Z",
  "headline" : "Delayed Exchange",
  "image" : {
    "@type" : "ImageObject",
    "height" : 627,
    "url" : "https://cdn2.hubspot.net/hubfs/733513/social-suggested-images/Realized_Glossary_Graphic-2.jpg",
    "width" : 1200
  },
  "mainEntityOfPage" : "https://www.realized1031.com/glossary/delayed-exchange",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60.0,
      "url" : "http://www.realized1031.com/hubfs/Images/Brand/Logo/Realized/Realized-Logo-Black-No-Margin-296x60-AMP.png",
      "width" : 296.0
    },
    "name" : "Glossary of Terms"
  }
}
```