To complete a 1031 exchange in Marion, 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 Marion, 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…
Learn MoreAt 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…
Learn MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Marion, MA. We understand that navigating a 1031 exchange…
Learn MoreMarion, Massachusetts is a charming New England town located in Plymouth County. It was officially incorporated as a town in 1852, making it one of the oldest communities in the state. Despite being a historic town, Marion has maintained its small-town character and remains a popular destination for tourists and residents alike.
The population of Marion is approximately 4,850, according to the most recent census data. This small population size adds to the town's appeal, as it offers a close-knit community feel and a slower-paced lifestyle. The town is known for its picturesque waterfront properties, historic homes, and lush green spaces, making it an ideal place to live for those seeking a tranquil setting.
In terms of the real estate market in Marion, properties in this coastal town are highly sought after. The town's prime location near the water, quaint town center, and top-rated schools contribute to the desirability of its real estate. The median home value in Marion is around $600,000, and the market is competitive, with homes often receiving multiple offers. Whether you are looking for a historic home with New England charm or a modern waterfront property, Marion offers a diverse range of real estate options for prospective buyers.
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.