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To complete a 1031 exchange in Broomfield, CO, 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 Broomfield, CO 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 Broomfield, CO. We understand that navigating a 1031 exchange…
Learn More
Broomfield, Colorado became a city in 1961, making it one of the younger cities in the state. Initially a small town known for its agriculture, Broomfield has experienced significant growth over the years, transforming into a bustling suburban community with a unique blend of residential, commercial, and industrial areas.
Home to approximately 70,000 residents, Broomfield boasts a diverse population with a mix of young professionals, families, and retirees. The city's excellent schools, numerous parks, and vibrant community events make it an attractive place to live and raise a family. Its proximity to both Denver and Boulder also offers residents easy access to urban amenities while enjoying a quieter suburban lifestyle.
The real estate market in Broomfield is competitive, with a median home price of around $500,000. The city offers a range of housing options, from single-family homes to modern apartments, catering to different preferences and budgets. Broomfield's real estate market is known for its stability and steady appreciation, making it an appealing investment for those looking to settle in a thriving community.
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.
