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To complete a 1031 exchange in Adena, OH, 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 Adena, OH 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 Adena, OH. We understand that navigating a 1031 exchange…
Learn More
Adena, Ohio, a quaint village located in Harrison County, officially became a city in 1881. Named after the Adena Mansion, this historical location holds significance and charm for both residents and visitors. With a rich history, Adena has grown from its early beginnings to a vibrant city that offers a unique glimpse into Ohio's past.
As of the last census, the population of Adena stands at approximately 700 residents. Known for its tight-knit community and friendly atmosphere, this small city provides a welcoming environment for families and individuals alike. The population, although modest in size, contributes to the strong sense of unity and pride that characterizes Adena.
In terms of the real estate market, Adena offers a mix of historic properties and newer developments, providing a diverse range of options for prospective buyers. The city's real estate market is known for its affordability compared to larger cities in Ohio, making it an attractive destination for those seeking a cozy and charming place to call home. Whether you're interested in a quaint historic home or a modern build, Adena's real estate market has something to offer for every taste and budget.
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.
