To complete a 1031 exchange in Dexter, NY, 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 Dexter, NY 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 Dexter, NY. We understand that navigating a 1031 exchange…
Learn MoreDexter, NY, a vibrant village in upstate New York, was founded in 1801, making it steeped in history. Initially a farming community, it has since evolved into a charming residential area that still holds onto its rural roots. The town's close-knit community fosters a sense of belonging and pride among its residents.
As of the latest census data in 2020, Dexter has a population of approximately 1,700 residents. Despite its small size, Dexter boasts a diverse population with various backgrounds and interests. With a low crime rate and excellent schools, Dexter is an ideal place for families looking for a safe and welcoming community to call home.
Real estate in Dexter, NY, offers a mix of historic homes, modern developments, and picturesque waterfront properties along the Black River. The real estate market in Dexter is known for its affordability compared to neighboring areas, making it an attractive option for first-time homebuyers and investors. Whether you're looking for a cozy cottage or a spacious family home, Dexter has something to offer for everyone.
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.