To complete a 1031 exchange in Point Pleasant Beach, NJ, 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.
More About
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 Point Pleasant Beach, NJ 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…
Learn MoreAt 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…
Learn MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Point Pleasant Beach, NJ. We understand that navigating a 1031 exchange…
Learn MorePoint Pleasant Beach is a charming seaside city in New Jersey, officially incorporated on June 2, 1886. With a rich history and vibrant community, this coastal gem offers residents and visitors a unique blend of scenic beauty and recreational opportunities.
As of the latest census data, Point Pleasant Beach has a population of approximately 4,600 residents. This close-knit community is known for its friendly atmosphere and welcoming spirit. The city's population swells during the summer months as tourists flock to enjoy the sun, sand, and surf along its picturesque beaches.
The real estate market in Point Pleasant Beach is dynamic, offering a mix of historic homes, modern condos, and waterfront properties. The average home price in this area ranges from $500,000 to $1.5 million, depending on factors such as location, size, and amenities. With its desirable coastal location and access to top-rated schools, Point Pleasant Beach continues to attract homebuyers seeking a quintessential beach lifestyle.
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.