To complete a 1031 exchange in Randolph, 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 Randolph, 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…
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 Randolph, MA. We understand that navigating a 1031 exchange…
Learn MoreEstablished as a city on March 9, 1793, Randolph, MA, has a rich history that dates back centuries. Originally known as "South Parish" of Braintree, the town was officially incorporated as Randolph in honor of Peyton Randolph, the first President of the Continental Congress.
With a current population of approximately 34,260 residents, Randolph offers a diverse community with a blend of cultures, making it an appealing place to live, work, and raise a family. The town boasts well-maintained parks, reputable schools, and a range of local businesses that contribute to its vibrant and engaging atmosphere.
In terms of the real estate market, Randolph has experienced steady growth and interest in recent years. The town offers a mix of housing options from quaint single-family homes to modern condominiums, catering to various preferences and budgets. With its convenient location near Boston and access to major highways, Randolph continues to attract both homebuyers and investors seeking a blend of suburban charm and urban convenience.
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.