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To complete a 1031 exchange in Reno, NV, 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 Reno, NV 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 Reno, NV. We understand that navigating a 1031 exchange…
Learn More
Reno, Nevada, known as "The Biggest Little City in the World," was officially established as a city on May 9, 1903. Originally a small settlement along the Truckee River, Reno's growth was spurred by the development of the mining industry in the area. Since then, it has evolved into a bustling urban center, attracting residents and visitors alike.
As of the latest estimates, the population of Reno stands at approximately 255,000 people. The city has experienced significant population growth in recent years, thanks to its thriving economy, outdoor recreational opportunities, and relatively affordable cost of living compared to other major cities in the region. Reno's diverse community and vibrant culture make it a popular destination for individuals and families looking to settle down.
Reno's real estate market is dynamic and offers a mix of housing options to suit various preferences and budgets. The city has seen a steady increase in property values, with a growing demand for homes in both urban and suburban neighborhoods. From historic bungalows to modern apartments and luxurious estates, Reno's real estate market provides plentiful choices for prospective buyers and renters looking to make this lively city their home.
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.
