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To complete a 1031 exchange in Lodi, NY, 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 Lodi, NY 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 Lodi, NY. We understand that navigating a 1031 exchange…
Learn More
Lodi, a cozy town in New York, officially became a city in 1826. Known for its picturesque landscapes and charming neighborhoods, Lodi offers a peaceful retreat away from the hustle and bustle of city life. With a rich history dating back nearly two centuries, Lodi has evolved into a vibrant community that prides itself on its unique character and small-town charm.
The population of Lodi, NY, has steadily grown over the years, currently standing at approximately 1,100 residents. Despite its small size, Lodi is a tight-knit community that values unity and cooperation. Residents enjoy a high quality of life, with access to excellent schools, healthcare facilities, and recreational amenities. Lodi's welcoming atmosphere and strong sense of community make it an ideal place to call home.
In terms of real estate, Lodi, NY, offers a diverse range of housing options to suit every lifestyle and budget. From historic cottages and cozy bungalows to modern single-family homes and spacious estates, Lodi has something for everyone. The real estate market in Lodi is stable, with a mix of both buying and renting opportunities available. Whether you're looking to settle down in a quiet neighborhood or seeking a rural retreat, Lodi's real estate market has plenty to offer.
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.
