To complete a 1031 exchange in Swarthmore, PA, 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 Swarthmore, PA 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 MoreAt 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 MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Swarthmore, PA. We understand that navigating a 1031 exchange…
Learn MoreSwarthmore, Pennsylvania, founded in 1681, is a charming borough located in Delaware County. Originally part of the lands granted to William Penn, Swarthmore was officially incorporated as a borough in 1893. Known for its rich history and vibrant community life, Swarthmore is home to approximately 6,200 residents.
The population of Swarthmore is diverse in age and background, with a mix of families, young professionals, and retirees. The town is renowned for its excellent public schools and proximity to higher education institutions like Swarthmore College. The close-knit community fosters a strong sense of belonging among its residents.
In recent years, the real estate market in Swarthmore has been dynamic, with a mix of historic homes, modern developments, and charming neighborhoods attracting buyers from all walks of life. The market offers a blend of single-family houses, apartments, and townhomes, catering to various preferences and budgets. With its tree-lined streets and active community events, Swarthmore continues to be a highly sought-after place to live.
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.