{
  "url": "sellingrealestateflorida.com/faq/what-happens-if-i-miss-a-1031-exchange-deadline",
  "name": "What happens if I miss a 1031 exchange deadline?",
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      "name": "What happens if I miss a 1031 exchange deadline?",
      "@type": "Question",
      "acceptedAnswer": {
        "text": "Missing either the 45-day identification deadline or the 180-day exchange deadline will typically disqualify your transaction as a 1031 exchange. If disqualified, the deferred capital gains from the sale of your relinquished property become immediately taxable in the year of the sale. This can result in a significant tax liability. It is crucial to monitor these dates closely and work with experienced professionals to avoid common pitfalls. Kelby Contreras - Realty ONE Group Evolution emphasizes proactive planning to help clients stay on track.",
        "@type": "Answer",
        "description": "Missing a 1031 exchange deadline usually disqualifies your transaction, making the deferred capital gains immediately taxable."
      }
    }
  ],
  "description": "Missing a 1031 exchange deadline usually disqualifies your transaction, making the deferred capital gains immediately taxable."
}