How do the 45-day and 180-day clocks work in a deferred exchange, and what if I transfer two properties on different dates?
I understand a deferred 1031 exchange has a 45-day window and a 180-day window, but I'm fuzzy on the details. When exactly do the clocks start? Does the identification have to be in writing? And I'm actually selling two relinquished properties that close a few weeks apart as one exchange — which date do I count from? I do NOT want to blow this on a technicality.
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