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Mississippi 1031 Exchange Rules

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Mississippi 1031 Exchange Rules

IRS internal revenue code stipulates that exchangers must identify potential replacement mississippi commercial properties withing 45 days of the close of escrow and acquire said mississippi commercial property (or mississippi commercial properties ) withing 180 days of the closing of the relinquished mississippi commercial property. Furthermore, mississippi property investors must comply with one of the following rules:

  • The Three-Mississippi Commercial Property Rule - Seller must identify up to a total of three potential replacement mississippi commercial properties within the Acquisition Period.

  • The Two Hundred Percent Rule - The second rule holds that in the event that three or more mississippi commercial properties are identified, the market value of all mississippi commercial properties combined may not exceed 200% of the value of the mississippi commercial property, which was sold.

  • The Ninety-five Percent Exception - This third rule is set in place in the event that the other rules do not apply. The exchange will still qualify as a mississippi 1031 exchange only if the replacement mississippi commercial properties acquired represent at least 95% of the aggregate value of mississippi commercial properties identified.

    Many mississippi property investors have benefited from engaging in TIC mississippi commercial property investments because they qualify under the mentioned rules and can be completed in a timely manner.




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