To complete a 1031 exchange in Calabash, NC, 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.
More About
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 Calabash, NC 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 Calabash, NC. We understand that navigating a 1031 exchange…
Learn MoreCalabash, NC officially became a town in 1973. Known for its signature seafood delicacy, the Calabash-style fried seafood, this charming coastal town has grown into a popular destination for tourists and retirees alike. Today, it maintains its small-town charm while offering a range of amenities for residents and visitors.
With a population of around 2,000 residents, Calabash strikes a perfect balance between a close-knit community and a thriving tourist spot. Its proximity to the beautiful beaches of the Brunswick Islands adds to its allure. The town's population swells during the summer months as vacationers flock to enjoy the sandy shores and delicious seafood offerings.
The real estate market in Calabash reflects its desirability and appeal. Home to a mix of waterfront properties, cozy cottages, and modern condominiums, the town offers a diverse range of housing options. Whether you are looking for a retirement retreat, a vacation home, or a permanent residence, Calabash has something for everyone. The market is competitive, but the stunning coastal views and laid-back lifestyle make it a sought-after location for property 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.