1031 exchange replacement properties, ready to close
You have 45 days to identify and 180 to close. No extensions, weekends included. Lineage keeps pre-screened, cash-flowing replacement properties on the marketplace with financing, insurance, and title coordinated, closing in about 22 days.
The deadline is the whole problem
You sold a property. The clock is running. You have 45 days to identify your replacement and 180 days to close. No extensions, no exceptions, weekends and holidays included. An estimated 8–10% of 1031 exchanges fail. Most of those failures come down to one thing: the replacement deal fell apart and there wasn't enough time to recover.
Even if you're down to the final days of your identification window, call us. We've closed exchanges that started with less than a week on the clock. Lineage is built to compress that risk.
Why exchanges fail, and how this one won't
Inventory is already on the marketplace
You're not starting a property search on day 1 of your 45-day window. Pre-screened properties with full pro formas, across multiple markets, ready to close.
DSCR lending approves in 3 business days
Qualifies on the property's rental income, not yours. No W-2s, no personal income documentation. Underwriting isn't the bottleneck.
Everything closes in parallel
Lending, insurance, and title move simultaneously. We close in about 22 days on average versus the industry standard of 30–45 days. On a 180-day clock those extra weeks matter.
Your accommodator has seen us close
We work directly with qualified intermediaries. Your QI handles fund disbursement, we handle the acquisition.
Debt matching and the 200% rule
If your exchange requires debt matching to avoid mortgage boot, DSCR lending is structured to meet or exceed the relinquished property's debt. Your consultant helps you build the backup list so you're never one failed deal away from a tax bill. Your QI documents the identification.
Where you are on the clock
Just closed your sale.
You're in the strongest position. Match inventory in days, identify well before Day 45, and close with 150+ days of cushion. Most of our exchange investors are done before the identification deadline most people are still sweating.
Mid-window, deal just fell through.
This is the most common call we get, and it's fixable. Marketplace inventory is already inspected and underwritten, so re-identifying doesn't restart your diligence from zero. Your consultant helps you line up backups so one failure can't sink the exchange again.
Final days.
Call anyway. We've closed exchanges that started with less than a week on the identification clock. No promises until we see the numbers, but the machine is built for exactly this.
The boot problem, handled
If your replacement debt falls short of the debt you retired, the difference is taxable. That's mortgage boot, and it quietly wrecks otherwise clean exchanges. DSCR financing is structured to meet or exceed the relinquished property's debt, and your consultant runs that math before you identify, not at closing.
1031 exchange questions
About 22 days from contract on average, and as few as two weeks, because lending, insurance, and title run in parallel. The industry norm of 30 to 45 days is where 180-day clocks go to die.
Yes. Identifying backups means one failed deal doesn't have to sink your exchange. The IRS gives you three ways to identify. Under the three-property rule, you can name up to three properties of any value. Under the 200% rule, you can name more than three as long as their combined value doesn't exceed 200% of the property you sold. If you go past both limits, the 95% exception applies, and you have to close on at least 95% of the total value you identified. Which rule fits your exchange is a decision for you, your tax advisor, and your qualified intermediary. Your consultant can show you pre-screened properties for each spot on your list, and your QI documents the identification.
Yes. Your QI handles the funds, we handle the acquisition. Our team coordinates directly with intermediaries and has done it under tight clocks.
Call. Marketplace properties are pre-inspected and pre-underwritten, which compresses the timeline where exchanges usually stall. We've closed exchanges that started with under a week left to identify.
A Delaware Statutory Trust lets you exchange into a fractional interest in a large property, usually commercial, that a sponsor owns and runs. You don't hold a deed or make decisions on management or the sale, and your money is typically committed for years with no easy way out. With Lineage, you buy a whole rental property titled in your name, with DSCR financing and insurance coordinated in the same close. You decide when to refinance, reposition, or sell. A DST can still make sense for some investors, and your tax advisor and QI can help you weigh it.
No. We execute the acquisition and coordinate with your tax advisor and QI. The exchange structure itself is between you, your advisor, and your intermediary.
The complete 1031 exchange guide, start to finish →
Lineage does not provide tax or legal advice. 1031 exchanges have strict requirements, so work with a qualified intermediary and your tax advisor.
The clock doesn't pause. We don't either.
Tell us where you are in the exchange. We'll tell you honestly whether we can close it in time.
Talk to an investment consultant