Our team of experts will guide you every step of the way, helping you achieve your investment goals, minimize tax liabilities, and simplify the process.
Contact us today to connect with a professional 1031 Exchange Facilitator.
Get Your Free E-Book.
To complete a 1031 exchange in Silver Spring, MD, 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.
More About
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 Silver Spring, MD 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…
Learn More
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…
Learn More
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 Silver Spring, MD. We understand that navigating a 1031 exchange…
Learn More
Silver Spring was officially established as a city on March 10, 1840. Initially, it began as a small rural community but grew rapidly after the completion of the B&O Railroad line. Over the years, Silver Spring has transformed into a bustling urban center, thriving with diverse cultures and vibrant neighborhoods.
As of the latest census data, Silver Spring has a population of approximately 83,000 residents. The city is known for its rich cultural heritage, eclectic dining scene, and numerous recreational opportunities. With its proximity to Washington D.C., Silver Spring offers a unique blend of urban convenience and suburban charm, making it a desirable place to live for many.
The real estate market in Silver Spring is dynamic and diverse. The city offers a wide range of housing options, including historic homes, modern condominiums, and spacious single-family residences. As a result of its popularity, property values in Silver Spring have been steadily increasing, making it a competitive market for buyers and sellers alike. Whether you are looking for a cozy apartment or a luxurious estate, Silver Spring has something to offer for every taste and budget.
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.
