time line 1033 for eminent domain when does it start and how is the three years figured?

Question

i understand that a1033 by act of god is two years and eminent domain taken by city government is three tears , when and how is the three years figured , an irs agent said that any time you sold in first year is considered one year ,next is two and next three years, can any one confirm this,also i read that its three years after the date you close, john b

Answer 1

Check this link ...

http://www.tm1031exchange.com/1033-exchange.html