To complete a 1031 exchange in Marina Del Rey, CA, 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 Marina Del Rey, CA 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…
Learn MoreAt 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…
Learn MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Marina Del Rey, CA. We understand that navigating a 1031 exchange…
Learn MoreMarina Del Rey became a city in 1965 and is an affluent seaside community located in Los Angeles County, California. Known for its picturesque marina and water activities, Marina Del Rey offers a vibrant lifestyle blending urban amenities with a coastal vibe.
With a population estimated at around 9,000 residents as of 2021, Marina Del Rey offers a close-knit community feel with a focus on luxury living. The city's proximity to the Pacific Ocean, as well as its marina filled with yachts and sailboats, attracts both residents and visitors seeking a high-end coastal lifestyle.
The real estate market in Marina Del Rey is characterized by upscale waterfront properties, high-rise condominiums, and luxury apartments. The median home value in Marina Del Rey is approximately $1.5 million, making it one of the most sought-after real estate markets in Southern California. The waterfront location, breathtaking views, and access to marina activities contribute to the desirability and exclusivity of the real estate in Marina Del Rey.
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.