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To complete a 1031 exchange in Scottsdale, AZ, 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 Scottsdale, AZ 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 Scottsdale, AZ. We understand that navigating a 1031 exchange…
Learn More
Founded in 1894, Scottsdale, AZ, officially became a city on June 25, 1951. Its rich history includes being named after Winfield Scott, an American Indian Wars veteran who made significant contributions to the area's early development. Today, Scottsdale is renowned for its vibrant arts community, upscale shopping destinations, and world-class resorts.
With a population of approximately 258,069 as of 2020, Scottsdale has experienced steady growth over the years. Known for its beautiful desert landscapes, outdoor recreational opportunities, and luxurious lifestyle, the city attracts a diverse mix of residents, including families, retirees, and young professionals seeking a high quality of life amidst stunning surroundings.
The real estate market in Scottsdale is dynamic and diverse, offering a range of options from upscale gated communities to modern downtown condos. Home prices in Scottsdale have shown resilience, with strong demand from both local buyers and out-of-state investors. The city's real estate market continues to thrive due to its desirable location, excellent schools, and a strong economy, making it a sought-after destination for those looking to invest in Arizona's real estate market.
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.
