On September 8, 2014, the taxpayer receives an official letter from the state informing him that the property where his office building is located has been condemned by the state government.

On January 6, 2015, the taxpayer is awarded $750,000 from the government. What time frame does the taxpayer have to purchase qualified replacement property to allow him to be able to postpone the entire gain realized from the condemnation?

a. September 8, 2014 – December 31, 2017

b. January 6, 2015 – December 31, 2017

c. January 6, 2015 – December 31, 2018

d. September 8, 2014 – December 31, 2018