and pls give reason . thank you

To have an involuntary conversion that results in a complete or partial deferral of gain all of the following conditions are true except for: The destruction of a taxpayer's property followed by the taxpayer replacing the said property. Involuntarily converted property as a result of a theft, seizure or condemnation. Involuntarily converted property as a result of a requisition or condemnation by a local government. The replacement property has to be identified within 45 days of the involuntary conversion. The replacement property must be similar in nature