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To complete a 1031 exchange in South Orleans, 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 South Orleans, 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 South Orleans, MA. We understand that navigating a 1031 exchange…
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South Orleans, MA is a beautiful town located in Barnstable County, Massachusetts. It was officially incorporated in 1797, making it rich in history and heritage. Over the years, South Orleans has grown steadily and today it is home to a vibrant community with a population of around 2,400 residents.
The population of South Orleans has experienced a gradual increase over the years, with more people drawn to its charming neighborhoods, proximity to the coast, and picturesque scenery. The town offers a mix of residential properties, from cozy single-family homes to spacious waterfront estates, catering to a variety of housing needs for its residents.
Real estate in South Orleans offers a diverse range of options for homeowners and investors. The real estate market here is known for its stability, with property values holding steady over time. Whether you are looking for a quiet retreat by the sea or a bustling family-friendly neighborhood, South Orleans has something to offer for everyone seeking a piece of paradise on Cape Cod.
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.
