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To complete a 1031 exchange in Paris, MS, 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 Paris, MS 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 Paris, MS. We understand that navigating a 1031 exchange…
Learn More
Paris, MS, established in 1875, is a historic city in Central Mississippi. Known for its rich history and charming atmosphere, it has become a popular destination for tourists and residents alike. Steeped in Southern hospitality, Paris offers a unique blend of old-world charm and modern amenities.
The population of Paris, MS, is estimated to be around 1,200 residents. This small, tight-knit community fosters a friendly environment where neighbors know each other by name. The city's close proximity to major highways and cities like Jackson and Memphis makes it an ideal location for those seeking a peaceful retreat without sacrificing convenience.
The real estate market in Paris, MS, is diverse, offering everything from historic homes with wrap-around porches to modern apartments overlooking the city skyline. With a rising demand for properties in the area, real estate prices have been steadily increasing, making it an attractive investment opportunity for both first-time buyers and seasoned 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.
