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To complete a 1031 exchange in Saint Marys, OH, 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 Saint Marys, OH 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 Saint Marys, OH. We understand that navigating a 1031 exchange…
Learn More
Saint Marys, OH, officially became a city in 1834. Named after the beautiful St. Marys River that flows through it, this historic city has a rich heritage dating back to the early 19th century. Settled by European immigrants, Saint Marys quickly flourished as an industrial and agricultural hub, contributing to its vibrant cultural scene and strong sense of community.
With a population of approximately 8,500 residents, Saint Marys offers a small-town charm with modern amenities. The city's close-knit community prides itself on its strong educational system, excellent healthcare facilities, and numerous recreational opportunities. From boating and fishing on Grand Lake to exploring the charming downtown area, Saint Marys provides a high quality of life for its residents.
The real estate market in Saint Marys, OH, is characterized by a mix of historic homes and newer developments. With a median home price of $150,000, the housing market offers affordable options for first-time buyers and families looking to settle down in a picturesque setting. Properties in Saint Marys often feature spacious yards, welcoming front porches, and proximity to parks and schools, making it an attractive destination for those seeking a peaceful and family-friendly environment.
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.
