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To complete a 1031 exchange in El Mirage, AZ, 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 El Mirage, AZ 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 El Mirage, AZ. We understand that navigating a 1031 exchange…
Learn More
El Mirage, AZ was officially incorporated as a city on October 8, 1951, making it one of the younger municipalities in the state. It started off as a small community primarily consisting of agricultural land but has since seen significant growth and development over the years.
As of the latest census data, El Mirage has a population of over 35,000 residents. The city has experienced steady population growth thanks to its affordable housing options, family-friendly environment, and proximity to major metropolitan areas like Phoenix. This growth has led to the expansion of services and amenities in the area to cater to the needs of its residents.
The real estate market in El Mirage offers a mix of housing options ranging from single-family homes to apartments and townhouses. The median home value in El Mirage is around $200,000, making it an attractive location for first-time homebuyers and investors alike. The city's real estate market has been on an upward trend in recent years, reflecting the overall economic vitality of the area.
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.
