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To complete a 1031 exchange in Groton, MA, you must work with a qualified intermediary to hold your funds and sign an agreement. At 1031 Nationwide, we can provide the expertise and support you need to ensure a successful exchange.
To participate in a 1031 exchange, you must first sell your existing property, which is known as the “relinquished property.” All deadlines for the exchange process are based on the closing date of the relinquished property, not the contract date.
Once you’ve sold your relinquished property, the next step in a 1031 exchange is to identify potential replacement properties to buy. This is a crucial step in the exchange process, and it must be completed within 45 days of the sale of the relinquished property.
The final step is to purchase the replacement property within 180 days of selling the relinquished property. This six-month window allows you to find and close on a suitable replacement that meets your investment goals and the exchange requirements.
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At 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process. We understand that navigating a 1031 exchange in Groton, MA can be complex and time-consuming, but with our expertise and experience, we can guide you every step of the way.
Our team of qualified intermediaries has helped countless investors across the country successfully complete their 1031 exchanges, unlocking new opportunities for growth and financial freedom. We offer personalized guidance and support throughout the entire process, from identifying potential replacement properties to closing the deal.
At 1031 Nationwide, we understand that completing a 1031 exchange can be a complex and daunting process. That’s why we offer a range of services to simplify the exchange process and help…
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At 1031 Nationwide, we are dedicated to helping real estate investors grow their portfolios and achieve their financial goals through 1031 exchanges. We understand that navigating the complexities…
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At 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Groton, MA. We understand that navigating a 1031 exchange…
Learn More
Groton, Massachusetts, originally settled in 1655, took significant strides towards becoming a city in 1655, when it was incorporated. This breathtaking city boasts a rich history dating back centuries, making it a captivating destination for history enthusiasts. As one of the oldest towns in the United States, Groton offers visitors a chance to immerse themselves in the region's storied past.
With a population size of approximately 11,000 residents, Groton strikes an optimal balance between a tight-knit community feel and access to modern conveniences. Its population has steadily grown over the years, reflecting the city's allure and desirability. Residents take pride in the city's close-knit community, fostering a friendly and welcoming atmosphere for both residents and visitors alike.
The real estate market in Groton, MA, paints a vibrant picture for homebuyers and investors. With a variety of architectural styles reflecting different historical periods, Groton offers a diverse range of housing options. The market features a mix of historic homes, modern developments, and rural properties, catering to a wide array of preferences. The city's real estate market continues to be dynamic, appealing to individuals seeking a charming, historic community with modern amenities.
We have worked with various companies, just a few we have partnered with. You can be assured that your 1031 Exchange will be handled appropriately.
