To complete a 1031 exchange in Bolton, CT, 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 Bolton, CT 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…
Learn MoreAt 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…
Learn MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Bolton, CT. We understand that navigating a 1031 exchange…
Learn MoreBolton, Connecticut, is a charming town located in Tolland County. Established in 1720, Bolton was incorporated as a city on October 14 of that year, making it one of the oldest cities in the state. With a rich history dating back over three centuries, Bolton has evolved into a vibrant community that values its heritage while embracing modernity.
The population of Bolton, CT, stands at approximately 5,000 residents. Despite its small size, Bolton offers a close-knit community feel with numerous local events and activities that bring neighbors together. The city's picturesque landscapes, including lush forests and tranquil lakes, make it a sought-after destination for those looking to escape the hustle and bustle of urban life.
In terms of the real estate market, Bolton, CT, offers a diverse range of housing options to suit various preferences and budgets. From historic colonial homes with traditional New England charm to modern developments with state-of-the-art amenities, homebuyers can find a property that meets their needs. The city's real estate market is characterized by a mix of single-family homes, condominiums, and expansive estates, providing ample choices for potential buyers.
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.