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To complete a 1031 exchange in Edgewood, MD, 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 Edgewood, MD 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 Edgewood, MD. We understand that navigating a 1031 exchange…
Learn More
Located in Harford County, Maryland, Edgewood became a city in 1968. Originally known for its proximity to the Aberdeen Proving Ground military facility, Edgewood has since grown into a diverse community offering a range of amenities and services to its residents.
As of the latest census data, Edgewood has a population of around 25,000 residents. The city has a rich history and is currently experiencing steady population growth, attracting individuals and families looking for a vibrant yet peaceful place to call home. Edgewood's population is known for its strong sense of community and civic engagement.
The real estate market in Edgewood offers a mix of housing options from single-family homes to apartments, catering to a variety of preferences and budgets. The city's housing market is known for its affordability compared to neighboring areas, making it an attractive option for first-time homebuyers and investors alike. With a range of amenities and easy access to major transportation routes, Edgewood continues to be a desirable place to live and invest in.
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.
