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To complete a 1031 exchange in Delaware, OH, 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 Delaware, OH 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 Delaware, OH. We understand that navigating a 1031 exchange…
Learn More
Delaware, OH, officially became a city in 1816, making it one of the oldest cities in Ohio. It was originally founded in 1808 and was named after the Delaware Indians who originally inhabited the area. Over the years, Delaware has grown into a bustling city with a rich history and a strong sense of community.
The population of Delaware, OH has been steadily increasing over the years. As of the last census in 2020, the population was estimated to be around 39,000 people. This growth can be attributed to the city's strong economy, excellent schools, and overall quality of life. Delaware is a popular choice for families and professionals looking for a friendly and vibrant place to call home.
In terms of the real estate market, Delaware, OH offers a mix of historic homes and modern developments. The city's real estate market has been thriving in recent years, with property values steadily increasing. The average home price in Delaware is above the national average, reflecting the demand for housing in this desirable city. Whether you're looking for a charming historic home or a newly-built property, Delaware offers a variety of housing options to suit every taste and budget.
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.
