East Aurora, NY 1031 Exchange eBook

The Basic Principles Of A 1031 Exchange

Get Your Free E-Book.

Simple Steps to Guide You with Your 1031 Exchange in East Aurora, NY

Choosing A Qualified Intermediary

To complete a 1031 exchange in East Aurora, 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.

Dispose Of Current Property

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.

Determine New Property For Exchange

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.

Finalize Purchase Of Replacement 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.

1031 Exchange News in East Aurora, NY

More About

1031 Exchanges in East Aurora, NY

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 East Aurora, 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.

Qualified Intermediary East Aurora, NY
Why Choose Us

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 More
Dispose of Current Property in East Aurora, NY
How It Works

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…

Learn More
New Property for Exchange in East Aurora, NY
About Us

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 East Aurora, NY. We understand that navigating a 1031 exchange…

Learn More
 East Aurora, NY 1031 Exchange Replacement Property

Exploring East Aurora, NY

East Aurora, NY, located in Erie County, is a charming village that was incorporated in 1874. Steeped in history, this picturesque community boasts a unique blend of small-town charm and modern amenities, making it a popular destination for visitors and residents alike.

As of the latest census data, the population of East Aurora stands at around 6,236 residents. With its close-knit community and top-rated schools, the village offers a wonderful environment for families to thrive. Additionally, the presence of local businesses, parks, and cultural attractions adds to the appeal of this vibrant town.

When it comes to the real estate market in East Aurora, NY, the village offers a diverse range of housing options, from historic homes to modern developments. The median home price in East Aurora is around $260,000, with properties ranging from cozy single-family houses to spacious estates. The strong sense of community and beautiful surroundings make East Aurora a sought-after location for those looking to settle down in Western New York.

Some of the Companies that have Referred Us Business

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.

East Aurora, NY TDRealty 1031 Exchange Partner
East Aurora, NY Century 21 1031 Exchange
1031 Exchanges for Coldwell Banker East Aurora, NY
Better Homes 1031 East Aurora, NY
ERA East Aurora, NY 1031 Exchanges
Assist2Sell 1031 East Aurora, NYAssociate