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To complete a 1031 exchange in Riverside, CT, 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 Riverside, CT 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 Riverside, CT. We understand that navigating a 1031 exchange…
Learn More
Riverside is a charming neighborhood located in the town of Greenwich, Connecticut, rather than being an independent city. It is known for its beautiful residential areas, stunning waterfront views, and a sense of community that embodies the New England spirit. Riverside officially became part of Greenwich in 1854, when the town was incorporated.
The population of Riverside, CT is approximately 8,471 residents according to the latest census data. The area is predominantly residential, with a mix of historic homes, upscale estates, and modern developments. Residents of Riverside enjoy a high quality of life, excellent schools, and easy access to nearby amenities like parks, restaurants, and shopping centers.
Riverside's real estate market is known for its luxury properties and high property values. The neighborhood offers a mix of waterfront homes, spacious estates, and quaint cottages, attracting affluent buyers seeking a tranquil and upscale lifestyle. Prices for homes in Riverside can vary widely, with waterfront properties commanding a premium due to their desirable location along the Long Island Sound.
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.
