---
title: Replacement Property
description: A replacement property, during a tax deferred 1031 exchange, or like-kind exchange, is the property being purchased or acquired.
---

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

# [Replacement Property](https://www.realized1031.com/glossary/replacement-property)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 20, 2022 12:00:00 PM

Replacement property, during a tax deferred (aka [1031 exchange](https://www.realized1031.com/glossary/1031-exchange) or like-kind) exchange, is the property being purchased or acquired. The replacement property is on the opposite side of a 1031 exchange to the [relinquished property](https://www.realized1031.com/glossary/relinquished-property).

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

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