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To complete a 1031 exchange in Lewis, KS, 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 Lewis, KS 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 Lewis, KS. We understand that navigating a 1031 exchange…
Learn More
Lewis is a city located in the state of Kansas, USA. It was established as a city in 1886, making it a place rich in history and heritage. The city has grown steadily over the years, currently boasting a population of approximately 450 residents who enjoy the small-town charm and tight-knit community.
The real estate market in Lewis offers a diverse range of properties to suit various preferences and budgets. Whether you are looking for a cozy family home, a spacious farmhouse with acres of land, or a quaint apartment in the heart of the city, Lewis has something for everyone. The real estate prices in Lewis are relatively affordable compared to larger cities, making it an attractive option for first-time buyers and individuals looking to invest in property.
Residents of Lewis appreciate the peaceful and serene atmosphere of the city, surrounded by picturesque landscapes and a sense of tranquility. The local real estate market reflects this charm, with properties that often feature spacious yards, stunning views, and easy access to nature trails and parks. This combination of affordable housing options and a high quality of life makes Lewis a desirable destination for those seeking a quieter, more laid-back lifestyle.
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.
