A 1031 property exchange is quite common among real estate investors. However, it’s not like one can sell one property and buy another in exchange. There are many specific requirements to be met before completing a sale – one of them being the 45-day identification window, wherein one has to sell and buy the property within a time frame of 45 days.

The world today is a smaller place because of technological advancements. People can purchase goods and services internationally and seek reliable means to transfer funds, whether for personal transactions or business dealings.