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To complete a 1031 exchange in Fishers Landing, 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.
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 Fishers Landing, 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.
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 Fishers Landing, NY. We understand that navigating a 1031 exchange…
Learn More
Fishers Landing, a charming hamlet located in the town of Orleans, New York, became a recognized city in 1908. Its rich history traces back to its establishment as a key port on the St. Lawrence River. Fishers Landing has evolved into a thriving community that values its heritage and natural surroundings.
As of the latest census data, the population of Fishers Landing stands at approximately 800 residents. This close-knit city offers a peaceful and serene environment perfect for those seeking a quieter pace of life. The community is known for its friendly atmosphere, where neighbors often come together for various events and celebrations.
The real estate market in Fishers Landing is characterized by a mix of historic homes and modern properties. The picturesque waterfront homes along the St. Lawrence River are highly sought after for their stunning views and access to recreational activities. The market caters to a range of preferences, from cozy cottages to spacious family homes, making Fishers Landing a desirable location for both residents and visitors.
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.
