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To complete a 1031 exchange in Roxbury, 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 Roxbury, 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…
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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 Roxbury, MA. We understand that navigating a 1031 exchange…
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Roxbury is a historic neighborhood located in Boston, Massachusetts. It was founded in 1630 and was one of the first towns established in the Massachusetts Bay Colony. Roxbury remained an independent city until it was annexed by Boston in 1868. The area has a rich cultural and architectural history, with many historic buildings and landmarks dating back centuries.
As of the 2020 census, Roxbury has a population of approximately 62,000 residents. The neighborhood is known for its diverse community, comprising a mix of different ethnicities and socio-economic backgrounds. Roxbury has a vibrant arts and cultural scene, with numerous organizations and events celebrating the area's heritage and diversity.
Roxbury's real estate market has been experiencing growth in recent years, with a surge in both residential and commercial development. The neighborhood's convenient location and access to public transportation make it an attractive place for young professionals and families looking to live in close proximity to downtown Boston. Real estate prices in Roxbury have been steadily increasing, reflecting the area's desirability and potential for future growth.
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.
