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To complete a 1031 exchange in Lexington, OK, 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 Lexington, OK 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 Lexington, OK. We understand that navigating a 1031 exchange…
Learn More
Lexington, OK, became an official city in 1902. Initially established as a trading post, it gained recognition for its strategic location and soon evolved into a vibrant community that attracts both residents and visitors. Since its inception, the city has played a significant role in the history of Oklahoma, becoming an essential part of the state's cultural and economic landscape.
With a population of approximately 2,152 residents, Lexington offers a charming small-town atmosphere with a close-knit community spirit. Known for its friendly locals and rich heritage, the city provides a comfortable and welcoming environment for individuals and families alike. The population continues to grow steadily, reflecting the city's appeal as a desirable place to live and work.
In terms of real estate, Lexington boasts a diverse housing market that caters to various preferences and budgets. Whether you are looking for a cozy single-family home in a quiet neighborhood or a spacious property with scenic views, the city offers a range of housing options to suit different needs. With a mix of traditional and modern architectural styles, Lexington presents an array of opportunities for those seeking to invest in the real estate market.
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.
