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To complete a 1031 exchange in Riverside, TX, 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, TX 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, TX. We understand that navigating a 1031 exchange…
Learn More
Riverside, TX, a charming city situated in the heart of Texas, officially became a city in 1974. Since then, it has thrived into a vibrant community known for its rich history, friendly locals, and small-town charm. The city's picturesque landscapes, parks, and proximity to the Trinity River make it an ideal place to live, visit, and explore.
With a population of approximately 550 residents, Riverside maintains a close-knit community feel where everyone knows their neighbors. The city offers a peaceful escape from the hustle and bustle of big cities, making it a popular choice for individuals seeking a tranquil and laid-back lifestyle. The diverse population adds to the cultural tapestry of Riverside, creating a unique and welcoming environment for all.
The real estate market in Riverside, TX, offers a mix of housing options ranging from cozy single-family homes to spacious properties with scenic views. The city's real estate market is currently experiencing steady growth, with affordable prices compared to neighboring cities. Whether you're looking for a starter home, a waterfront property, or a retreat away from the city, Riverside has a variety of real estate opportunities to suit your needs and preferences.
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.
