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To complete a 1031 exchange in Marlborough, CT, 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 Marlborough, CT 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 Marlborough, CT. We understand that navigating a 1031 exchange…
Learn More
Marlborough, CT, a charming town nestled in Hartford County, became a city in 1803. With historical roots dating back centuries, the city boasts a rich heritage that attracts visitors and residents alike. Known for its picturesque landscapes, Marlborough offers a serene environment perfect for those seeking a peaceful retreat.
The population of Marlborough stands at approximately 6,400 residents, creating a close-knit community where neighbors become extended family. The city's small-town charm coupled with a thriving local economy make Marlborough an ideal place to call home. Despite its size, Marlborough offers a range of amenities, including quaint shops, recreational parks, and top-rated schools, catering to a diverse population.
In recent years, Marlborough's real estate market has been dynamic, with a mix of historic homes and modern developments attracting buyers from across the region. The city's housing market offers a variety of options, from cozy single-family homes to expansive estates, making it possible for individuals and families to find their dream property. With its prime location and strong community spirit, Marlborough presents a unique opportunity for those looking to invest in a peaceful yet vibrant city.
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.
