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To complete a 1031 exchange in Raleigh, NC, 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 Raleigh, NC 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 Raleigh, NC. We understand that navigating a 1031 exchange…
Learn More
Raleigh, NC was founded in 1792 as the capital of North Carolina. Named after Sir Walter Raleigh, the city was chosen as the new seat of the state government due to its central location. Over the years, Raleigh has grown into a vibrant metropolitan area known for its booming tech industry, top-notch universities, and cultural diversity.
With a population of over 470,000 residents, Raleigh is the second largest city in the state. Known as the "City of Oaks" due to its numerous oak trees that line the streets, Raleigh offers a high quality of life with a strong economy and a range of entertainment options, from museums and art galleries to outdoor recreational activities.
The real estate market in Raleigh is thriving, with a strong demand for both rental properties and homes for sale. As a hub for young professionals and families alike, Raleigh attracts individuals looking for affordable housing options in a city with a lower cost of living compared to other major metropolitan areas. With its growing job market and diverse neighborhoods, Raleigh offers a variety of real estate opportunities for investors and homeowners.
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.
