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To complete a 1031 exchange in Mesilla Park, NM, 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 Mesilla Park, NM 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 Mesilla Park, NM. We understand that navigating a 1031 exchange…
Learn More
Mesilla Park is an unincorporated community located within the city of Las Cruces, New Mexico. The area was originally settled in the mid-1800s and became a popular stop for travelers along the Camino Real. It officially became a part of Las Cruces in the 1950s, and has since retained its unique charm and rich history.
With a population of approximately 2,000 residents, Mesilla Park offers a close-knit community feel while being in close proximity to the amenities of a larger city. The area is known for its beautiful parks, historic architecture, and vibrant cultural scene. Residents enjoy a relaxed pace of life while still having easy access to shopping, dining, and entertainment options.
The real estate market in Mesilla Park is diverse, offering a range of housing options from historic adobe homes to modern townhouses. The median home price in the area is around $250,000, making it an attractive choice for both first-time homebuyers and those looking to invest in real estate. The market is stable, with a mix of properties for sale and rent, providing opportunities for individuals and families to find their perfect home in this charming community.
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.
