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To complete a 1031 exchange in Stratton, 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 Stratton, 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 Stratton, OH. We understand that navigating a 1031 exchange…
Learn More
Stratton, OH, a charming city established in 1875, boasts a rich history and a tight-knit community. Initially founded as a small village, Stratton grew over the years to achieve city status. The city's historical background provides a unique insight into its development and the values cherished by its residents.
With a population of approximately 2,500 residents, Stratton offers a peaceful suburban lifestyle, making it an ideal place to call home. The city's diverse community creates a friendly environment for families, young professionals, and retirees alike. Residents are drawn to its safe neighborhoods, excellent schools, and various recreational facilities, all contributing to a high quality of life.
In terms of the real estate market, Stratton presents an array of housing options catering to different preferences and budgets. From historic homes with classic charm to modern properties equipped with state-of-the-art amenities, there is something for everyone in this thriving city. The real estate market in Stratton reflects stability and consistent growth, making it a promising investment opportunity for prospective homebuyers.
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.
