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To complete a 1031 exchange in New Town, MA, 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 Town, MA 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 Town, MA. We understand that navigating a 1031 exchange…
Learn More
New Town, MA officially became a city on January 1, 2020, after years of being a prosperous town. With a rich history dating back to the 17th century, it has evolved into a bustling metropolis that attracts residents and visitors alike. The city's incorporation marked a new chapter in its development, bringing about increased opportunities for growth and expansion.
As of the last official census in 2020, New Town is home to a diverse population of over 150,000 residents. The city's vibrant community is a melting pot of cultures, with a mix of young professionals, families, and retirees. Its residents enjoy a high quality of life, with access to top-notch schools, healthcare facilities, and recreational amenities, making it an attractive place to call home.
The real estate market in New Town is dynamic and thriving, offering a range of housing options to suit different preferences and budgets. From historic colonial homes in the downtown area to modern condominiums and spacious single-family houses in the suburbs, the city has something for everyone. With a booming economy and steady job market, real estate prices have been steadily appreciating, making New Town an appealing destination for both homebuyers and investors.
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.
