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To complete a 1031 exchange in Lyons, CO, 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 Lyons, CO 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 Lyons, CO. We understand that navigating a 1031 exchange…
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Established in 1880, Lyons, CO transformed from a mining town into a vibrant city located at the confluence of the North and South St. Vrain Creeks. Known for its picturesque scenery, this charming community boasts a population of approximately 2,100 residents who enjoy a mix of small-town ambiance amid stunning natural beauty.
Despite its modest size, Lyons real estate market has seen steady growth in recent years. The town's unique blend of historic architecture, outdoor recreational opportunities, and close proximity to both Boulder and Rocky Mountain National Park make it an attractive destination for homebuyers seeking a peaceful lifestyle coupled with convenient access to urban amenities. With a median home price of around $500,000, Lyons offers a range of housing options including quaint cottages, modern townhouses, and sprawling ranch-style homes.
Whether you're drawn to the vibrant arts scene, lively music performances, or outdoor adventures such as hiking, biking, and kayaking, Lyons has something for everyone. The town's strong sense of community, local businesses, and annual festivals like the Rockygrass Bluegrass Festival and Lyons Outdoor Games further contribute to its appeal as a hidden gem in the Colorado Rockies.
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.
