--- title: The July 15 Exchange Deadline is Almost Here - Chicagoland 1031 Exchange description: DSTs can offer potential income and potential appreciation while deferring taxes through fractional ownership of property, among other benefits. image: https://blog.chicagoland1031exchange.com/hubfs/Typewriter%20Deadline%20v2.png --- [![logo-black-mobile](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/logo-black-mobile.png?width=261&height=90&name=logo-black-mobile.png "logo-black-mobile")](https://chicagoland1031exchange.com/) [![logo-black](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/logo-black.png?width=261&height=90&name=logo-black.png "logo-black")](https://chicagoland1031exchange.com/) [![brokercheck-white](https://chicagoland1031exchange.com/wp-content/uploads/2019/07/iconfinder_phone-call_2561306.png)(224) 245-5281](tel:224-245-5281) - [Default HubSpot Blog](https://blog.chicagoland1031exchange.com/insights-events) - [Section 1031 Exchange](https://chicagoland1031exchange.com/1031-exchange-program/) - [1031 Exchange](https://chicagoland1031exchange.com/1031-exchange-program/1031-exchange/) - [DST 1031 Exchange](https://chicagoland1031exchange.com/1031-exchange-program/dst-1031-exchange/) - [Available 1031 Properties](https://invest.chicagoland1031exchange.com/1031-exchange-properties) - [Resources](https://chicagoland1031exchange.com/1031-exchange-information/) - [What is a 1031 Exchange?](https://chicagoland1031exchange.com/1031-exchange-information/what-is-1031-exchange/) - [Delaware Statutory Trust 1031](https://chicagoland1031exchange.com/1031-exchange-information/delaware-statutory-trust-1031/) - [1031 Exchange Process](https://chicagoland1031exchange.com/1031-exchange-information/1031-exchange-process/) - [1031 Exchange Timeline](https://chicagoland1031exchange.com/1031-exchange-information/1031-exchange-timeline/) - [1031 Exchange Rules](https://chicagoland1031exchange.com/1031-exchange-information/1031-exchange-rules/) - [1031 Exchange FAQs](https://chicagoland1031exchange.com/1031-exchange-information/1031-exchange-faq/) - [1031 Real Estate](https://chicagoland1031exchange.com/1031-exchange-information/1031-real-estate/) - [Partnering with a 1031 Advisor](https://chicagoland1031exchange.com/1031-exchange-information/1031-advisors/) - [About Us](https://chicagoland1031exchange.com/1031-exchange-professionals/) - [1031 Professional](https://chicagoland1031exchange.com/1031-exchange-professionals/1031-professional/) - [A National Presence](https://chicagoland1031exchange.com/1031-exchange-professionals/a-national-presence/) - [Property Due Diligence](https://chicagoland1031exchange.com/1031-exchange-professionals/property-due-diligence/) - [Sample Exchanges](https://chicagoland1031exchange.com/1031-exchange-professionals/sample-exchanges/) - [Insights](https://blog.chicagoland1031exchange.com/insights-events) - [![brokercheck-white](https://chicagoland1031exchange.com/wp-content/uploads/2019/07/iconfinder_phone-call_2561306.png)(224) 245-5281](tel:224-245-5281) # Insights ![Blog Banner Image](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/ch-website-images-header-homepage-option-03.jpg?width=1900&name=ch-website-images-header-homepage-option-03.jpg "Blog Banner Image") # Insights ### Subscribe to Our Blog - [1031 Exchange (17)](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) - [DST 1031 Exchange (16)](https://blog.chicagoland1031exchange.com/insights-events/tag/dst-1031-exchange) - [COVID-19 (9)](https://blog.chicagoland1031exchange.com/insights-events/tag/covid-19) - [Insights (9)](https://blog.chicagoland1031exchange.com/insights-events/tag/insights) - [Coronavirus (7)](https://blog.chicagoland1031exchange.com/insights-events/tag/coronavirus) - [Delaware Statutory Trust (6)](https://blog.chicagoland1031exchange.com/insights-events/tag/delaware-statutory-trust) - [News (6)](https://blog.chicagoland1031exchange.com/insights-events/tag/news) - [Opportunity Zones (6)](https://blog.chicagoland1031exchange.com/insights-events/tag/opportunity-zones) - [Alternative Investments (5)](https://blog.chicagoland1031exchange.com/insights-events/tag/alternative-investments) - [Due Diligence (4)](https://blog.chicagoland1031exchange.com/insights-events/tag/due-diligence) - [NNN Lease (1)](https://blog.chicagoland1031exchange.com/insights-events/tag/nnn-lease) More Tags # The July 15 Exchange Deadline is Almost Here ##### Written by [Nathan Kuhn](https://blog.chicagoland1031exchange.com/insights-events/author/nathan-kuhn) on July 02, 2020 - [Tweet](https://twitter.com/share) July 15th is likely a day circled on the calendar of many people looking to complete a 1031 exchange.  When the IRS issued [Notice 2020-23](https://blog.chicagoland1031exchange.com/insights-events/irs-announces-extended-exchange-deadline-for-investors), exchange transactions that fell between March 31, 2020 and prior to July 15, 2020 saw their deadline extended to July 15, 2020. In light of the COVID pandemic, the IRS issued this notice to provide extra time to complete an exchange.  Certainly, I think we all were hopeful that by this time the worst of the pandemic would be behind us. Unfortunately, that does not seem to be the case.   With our country still in the midst of the pandemic, it may make it difficult for investors looking to exchange—to view property, inspect property, or obtain financing.  Additionally, I have heard that the inventory of available property has been limited.   **A Delaware Statutory Trust May Help** The Delaware Statutory Trusts (DSTs) may be a solution to these challenges. ([Read more about DSTs from our previous blog post.](https://blog.chicagoland1031exchange.com/insights-events/tag/dst-1031-exchange)) For many individuals, investing in a DST may be their preferred solution when exchanging. DSTs can offer potential income and potential appreciation while deferring taxes through fractional ownership of property, among other benefits. Investors whose original intent was to buy property directly and continue to manage it themselves, but who were unable to complete their desired exchange as a result of the current pandemic, could consider a DST to complete the exchange. Since the DST already owns the asset and due diligence, financing, and other pre-purchase necessities have already been completed, it allows for an investor to evaluate and, in most cases, close on a DST in just a couple of days.  [Our inventory of DST investments](https://invest.chicagoland1031exchange.com/1031-exchange-properties) continues to remain strong. I do, however, anticipate a surge in demand in the coming weeks as the July 15th date nears, which might lead to some amount of limited inventory. If you’re in an exchange and interested in learning more, please do not hesitate to [reach out to our team](https://invest.chicagoland1031exchange.com/contact-us). Topics: [DST 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/topic/dst-1031-exchange), [Delaware Statutory Trust](https://blog.chicagoland1031exchange.com/insights-events/topic/delaware-statutory-trust), [COVID-19](https://blog.chicagoland1031exchange.com/insights-events/topic/covid-19), [Coronavirus](https://blog.chicagoland1031exchange.com/insights-events/topic/coronavirus) [![Banner - Chicagoland 1031 - Availability Report CTA](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/Banner%20-%20Chicagoland%201031%20-%20Availability%20Report%20CTA.png?width=730&name=Banner%20-%20Chicagoland%201031%20-%20Availability%20Report%20CTA.png "Banner - Chicagoland 1031 - Availability Report CTA")](https://invest.chicagoland1031exchange.com/1031-exchange-properties) [Previous Post](https://blog.chicagoland1031exchange.com/insights-events/1031-exchange-due-diligence-during-covid-19) #### [The Increased Role of Due Diligence During COVID-1...](https://blog.chicagoland1031exchange.com/insights-events/1031-exchange-due-diligence-during-covid-19) [Next Post](https://blog.chicagoland1031exchange.com/insights-events/comparing-the-nnn-lease-and-the-dst) #### [Comparing the NNN Lease and the DST](https://blog.chicagoland1031exchange.com/insights-events/comparing-the-nnn-lease-and-the-dst) - Latest Posts - Popular Posts [The DST Market Experiences Reduced Decline in Volume Compared to Commercial Real Estate Overall](https://blog.chicagoland1031exchange.com/insights-events/the-dst-market-experiences-reduced-decline-compared-to-commercial-real-estate-overall) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/topic/1031-exchange) [Housing Affordability and Its Impact on Real Estate Investments](https://blog.chicagoland1031exchange.com/insights-events/housing-affordability-and-its-impact-on-real-estate) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/topic/1031-exchange) [Why We Continue to See Opportunity in Multi-Family Real Estate Investments in 2022](https://blog.chicagoland1031exchange.com/insights-events/why-we-continue-to-see-opportunity-in-multi-family-real-estate-investments-in-2022) [ Insights](https://blog.chicagoland1031exchange.com/insights-events/topic/insights) [ News](https://blog.chicagoland1031exchange.com/insights-events/topic/news) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/topic/1031-exchange) [ COVID-19](https://blog.chicagoland1031exchange.com/insights-events/topic/covid-19) [ Coronavirus](https://blog.chicagoland1031exchange.com/insights-events/topic/coronavirus) [ Due Diligence](https://blog.chicagoland1031exchange.com/insights-events/topic/due-diligence) [![Chicagoland 1031 - Availability Report CTA](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/Chicagoland%201031%20-%20Availability%20Report%20CTA.png?width=700&name=Chicagoland%201031%20-%20Availability%20Report%20CTA.png "Chicagoland 1031 - Availability Report CTA")](https://chicagoland1031exchange.com/1031-exchange-properties/) ## Need help with your 1031 exchange? ### We're here for you. [![Let's Talk](https://no-cache.hubspot.com/cta/default/5268710/398420ba-42b1-4289-b473-217cda76c944.png)](https://cta-redirect.hubspot.com/cta/redirect/5268710/398420ba-42b1-4289-b473-217cda76c944) - Latest Posts - Popular Posts [The DST Market Experiences Reduced Decline in Volume Compared to Commercial Real Estate Overall](https://blog.chicagoland1031exchange.com/insights-events/the-dst-market-experiences-reduced-decline-compared-to-commercial-real-estate-overall) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) [Housing Affordability and Its Impact on Real Estate Investments](https://blog.chicagoland1031exchange.com/insights-events/housing-affordability-and-its-impact-on-real-estate) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) [Why We Continue to See Opportunity in Multi-Family Real Estate Investments in 2022](https://blog.chicagoland1031exchange.com/insights-events/why-we-continue-to-see-opportunity-in-multi-family-real-estate-investments-in-2022) [ Insights](https://blog.chicagoland1031exchange.com/insights-events/tag/insights) [ News](https://blog.chicagoland1031exchange.com/insights-events/tag/news) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) [ COVID-19](https://blog.chicagoland1031exchange.com/insights-events/tag/covid-19) [ Coronavirus](https://blog.chicagoland1031exchange.com/insights-events/tag/coronavirus) [ Due Diligence](https://blog.chicagoland1031exchange.com/insights-events/tag/due-diligence) [Multi-Family Real Estate Investing, COVID-19, and Other Considerations](https://blog.chicagoland1031exchange.com/insights-events/multi-family-real-estate-investing-covid-19-and-other-considerations) [ Insights](https://blog.chicagoland1031exchange.com/insights-events/tag/insights) [ News](https://blog.chicagoland1031exchange.com/insights-events/tag/news) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) [ COVID-19](https://blog.chicagoland1031exchange.com/insights-events/tag/covid-19) [ Coronavirus](https://blog.chicagoland1031exchange.com/insights-events/tag/coronavirus) [ Due Diligence](https://blog.chicagoland1031exchange.com/insights-events/tag/due-diligence) [COVID-19's Impact on Housing Prices](https://blog.chicagoland1031exchange.com/insights-events/how-covid-19-impacts-housing-prices) [ Insights](https://blog.chicagoland1031exchange.com/insights-events/tag/insights) [ News](https://blog.chicagoland1031exchange.com/insights-events/tag/news) [ 1031 Exchange](https://blog.chicagoland1031exchange.com/insights-events/tag/1031-exchange) [ COVID-19](https://blog.chicagoland1031exchange.com/insights-events/tag/covid-19) [ Coronavirus](https://blog.chicagoland1031exchange.com/insights-events/tag/coronavirus) [ Due Diligence](https://blog.chicagoland1031exchange.com/insights-events/tag/due-diligence) ## Need help with your 1031 exchange? ### We're here for you.   [![Let's Talk](https://no-cache.hubspot.com/cta/default/5268710/398420ba-42b1-4289-b473-217cda76c944.png)](https://cta-redirect.hubspot.com/cta/redirect/5268710/398420ba-42b1-4289-b473-217cda76c944) [![Chicagoland 1031 - Availability Report](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/Banner%20-%20Chicagoland%201031%20-%20Availability%20Report%20CTA.png?width=1900&name=Banner%20-%20Chicagoland%201031%20-%20Availability%20Report%20CTA.png "Chicagoland 1031 - Availability Report")](https://invest.chicagoland1031exchange.com/1031-exchange-properties) [![logo-white](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/logo-white.png?width=261&height=90&name=logo-white.png "logo-white")](https://chicagoland1031exchange.com/) - 1827 Walden Office Square Suite 500 Schaumburg, IL 60173 - [(224) 245-5281](tel:224-245-5281) [![brokercheck-white-140px](https://blog.chicagoland1031exchange.com/hs-fs/hubfs/brokercheck-white-140px.png?width=140&height=32&name=brokercheck-white-140px.png "brokercheck-white-140px")](https://brokercheck.finra.org/individual/summary/4624143) Chicagoland 1031 Exchange proudly serves clients nationwide, including California, Illinois, Florida, Colorado, Massachusetts, and more.   The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities. DST 1031 properties are only available to accredited investors (typically have a $1 million net worth excluding primary residence or $200,000 income individually/$300,000 jointly of the last two years, and reasonably expects the same for the current year) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity please verify with your CPA and Attorney. There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Because investor's situations and objectives vary this information is not intended to indicate suitability for any particular investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation. This site is published for residents of the United States only. Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Not all of the services referenced on this site are available in every state and through every advisor listed. For additional information, please contact Nathan Kuhn at 224-245-5281 Chicagoland 1031 Exchange does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstances. Securities offered through DAI Securities, LLC, member [FINRA](https://www.finra.org/) / [SIPC](https://www.sipc.org/). Advisory services offered through Kuhn Wealth Management, Inc. (KWM), a state registered investment advisor. Insurance offered through DAI Securities, LLC. KWM dba Chicagoland 1031 Exchange is independent of DAI Securities, LLC. Copyright © 2022 Kuhn Wealth Management. 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