FDF
45_day_id_Worksheet_delayed.pdf
45-Day Identification Form
For Use in a Forward or Deferred
Exchange
The Section 1031 45-day identification requirements are satisfied by identifying one or more
assets as potential Replacement Property, the purchase of which during the period ending
180 days after the disposition of the Relinquished Property is required in order to complete
the exchange.
There is no need to make a separate identification if all the applicable Replacement Property
is acquired prior to the 45
th
day following the sale of the Relinquished Property.
It is your responsibility to make the identification in writing. You may deliver the
identification via US Mail, Over Night Delivery, fax or email no later than midnight on the
45th day of the identification period. You may deliver the identification to a third-party other
than your Accommodator (i.e. a broker or attorney) but you should still notify your
Accommodator immediately thereafter.
Any of the following identification rules may be used:
The Three-Property Rule
: up to 3 properties with any value can be identified and
any or all of them can be acquired as Replacement Property in order to complete the
reverse exchange. A fillable form for identifying with the Three-Property Rule is on
the second page of this document.
The 200% Rule
: any number of properties can be identified and acquired before
the 180
th
day as long as their aggregate Fair Market Value on the 45
th
day of the
exchange period does not exceed 200% of the sale price of the Relinquished
Property. A fillable form for identifying with the 200% Rule is on the third page of
this document.
The 95% Rule
: any number of properties can be identified and acquired before the
180
th
day as long as the aggregate Fair Market Value of the properties actually
acquired during the exchange equals or exceeds 95% of the aggregate FMV of the all
of the properties included in the ID form. A fillable form for identifying with the 95%
Rule is on the forth page of this document.
When the appropriate form is complete, you may deliver it to us using the following contact
information:
Exchange Strategies Corporation
900 E. Hamilton Ave., Ste. 100
Campbell, CA95008
Fax: 888-876-3583
Email:
[email protected]
45-Day Identification Form
For Use in a Forward or Deferred
Exchange
Exchangor
Relinquished Property
Close Date
45-Day ID Deadline
The 45-day Identification requirements are hereby satisfied using the Three
Property Rule:
One
Two
Three
Submitted by the Exchangor
Receipt Acknowledged
Signed:
Signed:
Name:
Name:
Date:
Date:
45-Day Identification Form
For Use in a Forward or Deferred
Exchange
Exchangor
Relinquished Property
Close Date
45-Day ID Deadline
The 45-day Identification requirements are hereby satisfied using the 200% Rule:
1)
FMV
2)
FMV
3)
FMV
4)
FMV
5)
FMV
6)
FMV
TOTAL FMV
Total
Attach additional sheets as required.
Submitted by the Exchangor
Receipt Acknowledged
Signed:
Signed:
Name:
Name:
Date:
Date:
45-Day Identification Form
For Use in a Forward or Deferred
Exchange
Exchangor
Relinquished Property
Close Date
45-Day ID Deadline
The 45-day Identification requirements are hereby satisfied using the 95% Rule:
1)
FMV
2)
FMV
3)
FMV
4)
FMV
5)
FMV
6)
FMV
TOTAL FMV
Total
Attach additional sheets as required.
Submitted by the Exchangor
Receipt Acknowledged
Signed:
Signed:
Name:
Name:
Date:
Date: