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To complete a 1031 exchange in Avon, 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 Avon, 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 Avon, NY. We understand that navigating a 1031 exchange…
Learn More
Avon is a charming town located in Livingston County, New York, USA. Established in 1797, it was officially incorporated as a village in 1818. Known for its rich history and picturesque surroundings, Avon offers residents and visitors a mix of small-town charm and modern amenities.
According to the latest census data, Avon has a population of approximately 7,000 residents. The town's population has seen a steady increase in recent years, making it a popular choice for those seeking a peaceful and close-knit community to call home. The town's proximity to Rochester also makes it an attractive option for commuters.
With a diverse range of housing options, Avon's real estate market caters to various preferences and budgets. From historic homes with classic charm to modern developments with contemporary designs, prospective buyers can find a property that suits their needs. The town's real estate market is known for its stability and affordability, making it an appealing destination for both first-time homebuyers and those looking to upgrade.
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.
