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To complete a 1031 exchange in Lordsburg, NM, 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 Lordsburg, NM 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 Lordsburg, NM. We understand that navigating a 1031 exchange…
Learn More
Lordsburg is a historic city located in the beautiful state of New Mexico. Established in 1880, Lordsburg has a rich history dating back over a century. The city was named after Delbert Lord, one of its early settlers, and has since evolved into a vibrant community known for its southwestern charm and hospitality.
With a population of approximately 2,700 residents, Lordsburg offers a close-knit community atmosphere while still providing access to modern amenities and services. The city's diverse population contributes to its unique cultural fabric, making it a welcoming place for visitors and newcomers alike. The strong sense of community in Lordsburg is evident in the many local events and festivals that bring residents together throughout the year.
In terms of real estate, Lordsburg presents a mix of housing options ranging from historic adobe homes to modern developments. The real estate market in Lordsburg is characterized by affordable prices, making it an attractive destination for those looking to own a home in a picturesque setting. Whether you are seeking a cozy cottage, a spacious family home, or a charming fixer-upper, Lordsburg has something for everyone.
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.
