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To complete a 1031 exchange in Loughman, FL, 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 Loughman, FL 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 Loughman, FL. We understand that navigating a 1031 exchange…
Learn More
Loughman, FL is an unincorporated community located in Polk County. Though it is referred to as a city, it is not officially incorporated as one. Loughman is situated near Davenport and Kissimmee, forming part of the greater Orlando-Kissimmee Metropolitan Area. Known for its proximity to popular tourist attractions like Walt Disney World Resort and Universal Studios, this area has seen growth in recent years.
While Loughman is not a city in the traditional sense, it became a recognized community as early as the late 1800s when the railroad played a significant role in its development. Over time, the population has steadily grown, with current estimates placing it around 5,000 residents. The diverse demographic makeup of Loughman contributes to its vibrant community life.
In terms of the real estate market, Loughman offers a mix of housing options ranging from single-family homes to vacation rentals and condominiums. The market has experienced fluctuations in recent years due to the influence of the tourism industry and seasonal demand. Property values have been on the rise with opportunities for both buyers and investors looking to capitalize on the area's growing popularity.
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.
