To complete a 1031 exchange in Kilgore, TX, 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 Kilgore, TX 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 MoreAt 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 MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Kilgore, TX. We understand that navigating a 1031 exchange…
Learn MoreKilgore, established in 1872, officially became a city in 1931. Initially known for its significant oil reserves, the city has evolved into a thriving community offering a mix of historic charm and modern amenities. With a rich history in the oil industry, Kilgore has transformed into a city that celebrates its past while embracing a diverse, forward-thinking future.
With a population of around 14,000 residents, Kilgore offers a close-knit community feel while still providing access to urban conveniences. The city's strong sense of community is evident in its local events, vibrant arts scene, and top-rated schools. Kilgore's diverse population contributes to a welcoming atmosphere that makes it an attractive place to live for families, young professionals, and retirees alike.
The real estate market in Kilgore reflects the city's steady growth and desirable quality of life. From quaint historic homes to modern developments, there are housing options to suit every taste and budget. With a median home price of $150,000, Kilgore offers affordable living in a picturesque setting. Whether you're searching for a cozy bungalow or a spacious family home, Kilgore's real estate market provides opportunities for buyers looking to invest in a community with a bright 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.