3-property rule
You may identify up to three properties of any value. Identify fewer to stay compliant.
3 properties selected.
Validate the three-property, 200%, and 95% identification rules with interactive inputs so you know how many properties you can pursue before your 45-day deadline.
3-property rule
You may identify up to three properties of any value. Identify fewer to stay compliant.
3 properties selected.
200% rule
Total identified value must not exceed twice the value of relinquished property.
$2,400,000 of $2,400,000 allowed.
95% rule
If you identify more than three properties, you must acquire at least 95% of the total value.
$0 more required to meet 95%.
3-property: Identify three or fewer properties of any value.
200%: Total identified value can be no more than 200% of the relinquished contract.
95%: If more than three properties are identified, you must acquire 95% of the total value.
Educational content only. Not tax, legal, or investment advice. Results are estimates only. Consult a qualified intermediary and tax advisor before making decisions. Texas eschews a transfer tax, but recording and title fees still apply.