Our team of experts will guide you every step of the way, helping you achieve your investment goals, minimize tax liabilities, and simplify the process.
Contact us today to connect with a professional 1031 Exchange Facilitator.
Get Your Free E-Book.
To complete a 1031 exchange in Franklinville, 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.
More About
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 Franklinville, 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…
Learn More
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
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 Franklinville, NY. We understand that navigating a 1031 exchange…
Learn More
Franklinville, a charming town situated in New York, was officially incorporated as a city in 1852. With a rich history dating back to the early 19th century, Franklinville has evolved into a vibrant community that offers residents and visitors a blend of small-town charm and modern conveniences.
As of the latest census data, Franklinville boasts a population of around 2,800 residents. This close-knit community values its strong sense of community and offers a range of amenities including parks, schools, and local businesses. The town's population has remained relatively stable over the years, contributing to its cozy and welcoming atmosphere.
In terms of real estate, Franklinville presents a diverse market with a mix of historic homes, cozy cottages, and modern residences. The real estate market in Franklinville is characterized by its affordability compared to neighboring cities, making it an attractive option for those looking to settle down or invest in property. Whether you're seeking a peaceful retreat or a lively neighborhood, Franklinville offers a variety of housing options to suit different preferences and budgets.
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.
