Under a 1031 deadline? We'll find your replacement property.
Identifying the right replacement property on a fixed timeline is where exchanges succeed or fail. We put continuous MLS screening to work across both regions, alongside direct conversations with owners who would rather not list.
Identifying the right replacement property on a fixed timeline is where exchanges succeed or fail. Tell us your requirements — price range, property type, income target, geography — and we put our continuous MLS screening to work across residential, commercial, and industrial inventory in San Luis Obispo, Santa Barbara, and Fresno counties.
You get a curated list of qualified candidates, underwritten against real rents and real regulatory constraints — not a raw listing dump. For sellers exchanging out of a low-yield coastal asset, Fresno County often carries the cash-flow candidates the Central Coast can't price.
We coordinate with your qualified intermediary and tax advisor throughout the exchange. Casa Fresco does not provide tax or legal advice.
The timeline, and what has to happen when.
Exchanges fail on dates far more often than on property. These are the ones that matter.
Day zero — closing
Your relinquished property sells and the proceeds go to your qualified intermediary, not to you. Taking constructive receipt of the money is the most common way an exchange dies before it starts.
Day 45 — identification
Replacement property must be identified in writing. Most exchangers use the three-property rule; the 200% rule is the alternative where you need a longer list of candidates.
Day 180 — closing
The replacement must close within 180 days of the sale, or by your tax return due date if that falls earlier. There is no extension because a deal fell out in escrow.
Afterwards
Your qualified intermediary and tax advisor handle the filing. We hand over the complete file on what we underwrote and why, so your advisors aren't reconstructing it.
Where exchanges go wrong.
All three are avoidable, and all three are common.
Starting the search on day twenty
Forty-five days is not a long time to find, tour and underwrite a replacement. The properties actually worth having go under contract in the first week they're listed.
Identifying property you haven't underwritten
An identification isn't a commitment to buy — but a list of three properties nobody has priced is just three different ways to end up overpaying in month five.
Replacing the price but not the income
Trading a low-cap coastal asset for another low-cap coastal asset defers the tax and solves nothing else. If the point was yield, the replacement has to actually produce it.
The clock started when you closed.
Tell us the price range, the property type and the income you need to replace.
Tell Us What You Need Why exchangers look inland