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To complete a 1031 exchange in Franktown, CO, 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 Franktown, CO 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 Franktown, CO. We understand that navigating a 1031 exchange…
Learn More
Franktown, CO, a town nestled in Douglas County, was established in the mid-1800s, officially incorporating as a town in 1861. The town's rich history dates back to the early settlers who were drawn by the fertile lands and scenic beauty of the area. Over the years, Franktown has maintained its small-town charm while embracing modern amenities to cater to its growing population.
With a population of approximately 400 residents, Franktown offers a close-knit community feel where neighbors become friends. The town's population has grown steadily over the years, attracting individuals and families looking for a peaceful retreat while still being in proximity to major urban centers like Denver and Colorado Springs. Residents enjoy a serene environment with easy access to outdoor activities and a sense of community spirit.
Franktown's real estate market reflects the town's desirability among homebuyers. The housing market consists of a mix of charming historic homes, spacious ranches, and new construction properties. With a range of housing options available, from quaint cottages to sprawling estates, Franktown provides diverse choices to suit different preferences. The real estate market in Franktown is dynamic, offering opportunities for those looking to invest in a picturesque setting with a promising future.
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.
