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To complete a 1031 exchange in New Port Richey, 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 New Port Richey, 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 New Port Richey, FL. We understand that navigating a 1031 exchange…
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New Port Richey became a city in 1924 and was incorporated in 1924. It is located in Pasco County, Florida, and is known for its historic charm, waterfront parks, and vibrant cultural scene. The city is part of the Tampa-St. Petersburg-Clearwater metropolitan area.
The population of New Port Richey is approximately 16,000 residents as of the latest available data. The city offers a mix of suburban and urban living, with a strong sense of community and a growing number of young professionals and families choosing to make it their home.
In terms of the real estate market, New Port Richey offers a variety of housing options ranging from historic bungalows to modern waterfront properties. The real estate market in the city caters to a wide range of budgets, making it an attractive destination for first-time homebuyers as well as those looking for upscale living. With its convenient location and picturesque surroundings, New Port Richey continues to be a desirable place to live and invest in real estate.
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.
