New property being acquired or the target property being brought by Exchanger. (Formally called up leg property, currently called Phase II property).
The property that the taxpayer ends the exchange with. This property, usually owned by the seller, is the property that the taxpayer acquires in the exchange.
The property acquired in an exchange.
Property being acquired; target property being bought; new property; "upleg"
The like-kind property to be acquired or received by the Exchangor in the tax-deferred, like-kind exchange transaction.
New property, property being acquired or the target property being brought by Exchanger. (Use to be called Upleg property, now commonly called Phase II property).
The property which is identified by the Exchanger, and acquired by the accommodator in Phase II of the deferred exchange.
The property being purchased/acquired by the Exchanger.
The property that the Exchangor acquires when making an exchange. It is sometimes referred to as the identified substitute replacement property. The concept is that the exchange transaction from the relinquished property to the replacement property is the same like-kind investment with adjustments for the carry over basis.
The new property being acquired by the taxpayer when making an exchange.
The property purchased. The property the Exchanger acquires in a 1031 exchange or Phase Two of the transaction.
Investment property acquired as part of an exchange.