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To complete a 1031 exchange in Harrington Park, NJ, 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 Harrington Park, NJ 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 Harrington Park, NJ. We understand that navigating a 1031 exchange…
Learn More
Harrington Park is not classified as a city, but rather a borough in Bergen County, New Jersey. It was officially established in 1904 and covers an area of approximately 6.0 square miles. The borough was named after Francis Harrington, an influential landowner in the region at that time. Harrington Park boasts a rich history and a strong community spirit.
According to the latest estimates from the United States Census Bureau, Harrington Park has a population of around 4,800 residents. The borough offers a peaceful suburban setting with top-rated schools, beautiful parks, and a close-knit community. Residents enjoy a high quality of life and easy access to nearby attractions, making it an attractive place to live for families and individuals alike.
In terms of the real estate market, Harrington Park is known for its charming homes, tree-lined streets, and a variety of architectural styles ranging from historic colonials to modern constructions. The property values in the borough have remained relatively stable, with a median home price of around $700,000. The real estate market in Harrington Park offers a mix of single-family homes, townhouses, and luxury properties, providing options for 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.
