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To complete a 1031 exchange in Hastings On Hudson, 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 Hastings On Hudson, 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 Hastings On Hudson, NY. We understand that navigating a 1031 exchange…
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Hastings On Hudson is a picturesque village located in Westchester County, New York. Established in 1879, the village was incorporated in 1897 and later became a city in 1927. Known for its charming streets, historic buildings, and stunning river views, Hastings On Hudson attracts residents and visitors alike with its small-town charm and close-knit community.
With a population of approximately 8,000 residents, Hastings On Hudson offers a peaceful retreat from the hustle and bustle of city life. The village is a popular choice for families, professionals, and retirees looking for a quiet and scenic place to call home. The tight-knit community is known for its top-rated schools, vibrant arts scene, and beautiful parks along the Hudson River.
The real estate market in Hastings On Hudson is thriving, with a mix of historic homes, modern condos, and luxury estates available for buyers. The median home value in Hastings On Hudson is around $700,000, with a variety of housing options to suit different preferences and budgets. Whether you're looking for a cozy cottage, a spacious waterfront property, or a stylish apartment, Hastings On Hudson offers a range of real estate opportunities in a picturesque setting.
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.
