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To complete a 1031 exchange in Stone Ridge, NY, 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 Stone Ridge, NY 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 Stone Ridge, NY. We understand that navigating a 1031 exchange…
Learn More
Stone Ridge, NY is a charming hamlet located in the town of Marbletown in Ulster County. Although it is not a city, Stone Ridge is rich in history, dating back to the early 18th century. The hamlet was officially established in 1703 and has since evolved into a thriving community known for its picturesque landscapes and historic architecture.
With a population of around 1,173 residents, Stone Ridge offers a close-knit community feel while providing easy access to urban amenities in nearby cities like Kingston and Albany. The town's population has been steadily growing in recent years, attracting families and individuals seeking a peaceful and scenic place to call home.
The real estate market in Stone Ridge is characterized by a mix of historic homes, modern properties, and picturesque estates. The town's real estate offerings range from historic stone houses dating back to the 18th century to contemporary homes with stunning mountain views. Property values in Stone Ridge have been on the rise due to the town's desirability, making it an attractive destination for homebuyers looking for a tranquil yet vibrant community.
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.
