Ellington, CT 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 Ellington, CT

Choosing A Qualified Intermediary

To complete a 1031 exchange in Ellington, CT, 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 Ellington, CT

More About

1031 Exchanges in Ellington, CT

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 Ellington, CT 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 Ellington, CT
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 Ellington, CT
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 Ellington, CT
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 Ellington, CT. We understand that navigating a 1031 exchange…

Learn More
 Ellington, CT 1031 Exchange Replacement Property

Welcome to Ellington, CT

Established in 1786, Ellington, CT, is a charming town known for its rich history and scenic beauty. Nestled in Tolland County, this picturesque town has a population of approximately 16,000 residents. With its small-town charm and close-knit community feel, Ellington offers a peaceful retreat away from the hustle and bustle of larger cities.

The real estate market in Ellington is thriving, attracting homebuyers seeking a mix of historic homes, new developments, and rural properties. The median home value in Ellington is around $276,000, making it an affordable option for those looking to settle down in a peaceful and welcoming community. Whether you are in the market for a quaint historic home or a modern property with ample space, Ellington offers a diverse range of housing options to suit every taste and budget.

Residents of Ellington enjoy a high quality of life, with access to top-rated schools, parks, and recreational facilities. The town's close proximity to Hartford, just 20 miles away, provides residents with convenient access to urban amenities while still enjoying the tranquility of suburban living. With its rich history, vibrant community, and strong real estate market, Ellington, CT, offers a desirable place to call home for families, young professionals, and retirees alike.

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.

Ellington, CT TDRealty 1031 Exchange Partner
Ellington, CT Century 21 1031 Exchange
1031 Exchanges for Coldwell Banker Ellington, CT
Better Homes 1031 Ellington, CT
ERA Ellington, CT 1031 Exchanges
Assist2Sell 1031 Ellington, CTAssociate