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To complete a 1031 exchange in Big Sur, CA, 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 Big Sur, CA 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 Big Sur, CA. We understand that navigating a 1031 exchange…
Learn More
Big Sur is a beautiful coastal region in California known for its stunning landscapes and breathtaking views. While not officially a city, Big Sur is an unincorporated area of Monterey County. The community is mostly situated along the Pacific Coast Highway.
Despite not being an official city, Big Sur is home to a small population estimated to be around 1,000 residents. The area attracts tourists and nature enthusiasts alike, drawn to its redwood forests, pristine beaches, and iconic Bixby Creek Bridge. Residents enjoy a peaceful and close-knit community lifestyle.
The real estate market in Big Sur is characterized by its exclusivity and high prices. Properties in Big Sur often feature stunning ocean views, vast acres of land, and luxurious amenities. Due to the limited availability of land and strict zoning regulations to preserve the natural beauty of the area, real estate prices in Big Sur are among the highest in California, making it a sought-after destination for those looking for a unique and tranquil living experience.
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.
