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To complete a 1031 exchange in North Reading, 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 North Reading, 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 North Reading, MA. We understand that navigating a 1031 exchange…
Learn More
North Reading, Massachusetts, became a town in 1853 and currently boasts a population of approximately 15,000 residents. This picturesque town is known for its rich history and close-knit community. Residents enjoy a variety of amenities including top-rated schools, recreational facilities, and beautiful outdoor spaces.
The real estate market in North Reading offers diverse housing options ranging from historic New England-style homes to modern developments. The median home value in North Reading is around $600,000, with a mix of single-family houses, condominiums, and apartments available for buyers and renters. The town's real estate market has seen steady growth in recent years, making it an attractive location for families and young professionals alike.
Located just 20 miles north of Boston, North Reading provides a peaceful suburban lifestyle while still offering easy access to the city's amenities. The town's proximity to major highways and public transportation makes commuting convenient for residents. Whether you're looking to settle down in a charming New England town or seeking a bustling real estate market, North Reading has something to offer for everyone.
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.
