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To complete a 1031 exchange in Florence, 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 Florence, 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 Florence, AZ. We understand that navigating a 1031 exchange…
Learn More
Florence, AZ, founded in 1866, officially became a city on July 21, 1908. Originally established as a farming and ranching community, Florence has a rich history and is known for its preserved historic buildings and heritage. The city was named after Florence, Italy, and today it serves as the county seat of Pinal County.
With a population of approximately 26,000 residents, Florence offers a close-knit community feel while also providing access to modern amenities and services. The city experiences a warm, desert climate with hot summers and mild winters, making it an attractive destination for those seeking a more temperate place to live.
In terms of real estate, Florence has seen a steady growth in recent years. The real estate market in the city offers a mix of housing options including single-family homes, townhouses, and apartments. The median home value in Florence is around $200,000, making it an affordable choice for homebuyers. Additionally, with its proximity to popular attractions like the Casa Grande Ruins National Monument and Sonoran Desert National Monument, Florence has become an appealing location for both residents and investors looking for a place with historical charm and potential for future development.
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.
