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To complete a 1031 exchange in East Orange, NJ, 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 East Orange, NJ 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 East Orange, NJ. We understand that navigating a 1031 exchange…
Learn More
East Orange, NJ, became a city on March 4, 1863. Originally part of the city of Orange, it officially split off and was incorporated as its own city over a century and a half ago. Since then, it has grown to become a vibrant and diverse urban community in Essex County, New Jersey.
As of the latest census data, the population of East Orange stands at approximately 64,000 residents. This sizeable population contributes to the city's dynamic cultural scene, offering a rich tapestry of traditions, events, and activities for its residents to enjoy. The city's diverse demographic makeup adds to its unique character and charm.
East Orange's real estate market reflects the city's appeal and growth. With a mix of historic homes, modern developments, and various housing options, the real estate landscape in East Orange caters to a range of preferences. The city's proximity to New York City and its affordable housing market make it an attractive choice for both residents and investors.
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.
