To complete a 1031 exchange in Clovis, 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 Clovis, 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…
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 Clovis, CA. We understand that navigating a 1031 exchange…
Learn MoreClovis, California officially became a city in 1912. Originally established as a freight stop along the San Joaquin Valley Railroad, Clovis has grown into a thriving city in the central San Joaquin Valley. It has preserved its rich history while embracing modern development and economic growth.
As of the latest census data, Clovis has a population of approximately 116,000 residents. The city is known for its family-friendly environment, excellent schools, and vibrant community events. With its close proximity to Fresno and the Sierra Nevada mountains, Clovis offers a perfect balance of suburban living and outdoor recreation opportunities.
The real estate market in Clovis, CA, is dynamic and competitive. The city boasts a variety of housing options ranging from cozy single-family homes to luxurious estates. The median home price in Clovis is around $400,000, making it an attractive location for both first-time homebuyers and seasoned investors. The real estate market in Clovis continues to show growth and stability, attracting individuals and families looking for a high quality of life in a welcoming 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.