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To complete a 1031 exchange in Santa Fe, 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 Santa Fe, 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 Santa Fe, TX. We understand that navigating a 1031 exchange…
Learn More
Santa Fe, TX officially became a city in 1957. Known for its small-town charm and warm community spirit, Santa Fe is a city that celebrates its rich history and values its residents. With roots deeply embedded in Texan heritage, Santa Fe has evolved into a vibrant city that offers a blend of modern amenities and a tight-knit community feel.
The population of Santa Fe, TX, as of the 2020 census, was approximately 13,000 residents. This figure reflects the city's steady population growth over the years, making it an attractive destination for individuals and families looking for a peaceful yet thriving community to call home. The city's population size allows for a strong sense of community and neighborly connections among its residents.
In terms of the real estate market, Santa Fe, TX offers a diverse range of housing options to suit various needs and preferences. From cozy single-family homes to spacious ranch-style properties, Santa Fe provides a mix of housing choices for prospective buyers. The city's real estate market has shown consistent growth, with beautiful properties that showcase the unique character and allure of Santa Fe, making it a desirable place to live and invest in property.
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.
