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To complete a 1031 exchange in Marathon Shores, 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 Marathon Shores, 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 Marathon Shores, FL. We understand that navigating a 1031 exchange…
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Marathon Shores is an unincorporated community located in Monroe County, Florida. While it is not officially incorporated as a city, it is considered a census-designated place. Established in the early 20th century, the region has a rich history tied to the development of the Florida Keys and the Everglades.
As of the latest census data available, Marathon Shores has a population of approximately 8,519 residents. The community attracts both permanent residents and seasonal visitors due to its picturesque location along the Overseas Highway. The population has shown steady growth over the years, reflecting the popularity of the area among tourists and those seeking a laid-back coastal lifestyle.
Real estate in Marathon Shores offers a diverse range of options, from waterfront properties with stunning views of the Atlantic Ocean to cozy inland homes nestled among lush vegetation. The market caters to a mix of primary homeowners, vacation rental investors, and retirees looking to enjoy the Florida climate. With a competitive market and a variety of housing styles, Marathon Shores provides opportunities for both buyers and sellers in the real estate sector.
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.
