{
  "url": "sellingrealestateflorida.com/faq/how-do-i-identify-a-replacement-property-for-a-1031-exchange-involving-a-vacatio",
  "name": "How do I identify a replacement property for a 1031 exchange involving a vacation rental?",
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  "speakable": {
    "@type": "SpeakableSpecification",
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  "mainEntity": [
    {
      "name": "How do I identify a replacement property for a 1031 exchange involving a vacation rental?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "Identifying a replacement property involves adhering to IRS rules, primarily the 3-property rule or the 200% rule. Under the 3-property rule, you can identify up to three properties of any value. Under the 200% rule, you can identify any number of properties, provided their aggregate fair market value does not exceed 200% of the relinquished property's value. Kelby Contreras assists clients in the Miami, Fort Lauderdale, and Palm Beach areas in identifying suitable like-kind properties that align with these IRS identification requirements and their investment goals.",
        "@type": "Answer",
        "description": "Identify replacement properties using the 3-property rule or 200% rule within 45 days of selling your relinquished property."
      }
    }
  ],
  "description": "Identify replacement properties using the 3-property rule or 200% rule within 45 days of selling your relinquished property."
}