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To complete a 1031 exchange in Tarrytown, 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 Tarrytown, 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 Tarrytown, NY. We understand that navigating a 1031 exchange…
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Tarrytown, NY, founded in 1663, is a picturesque city nestled along the eastern bank of the Hudson River. Originally named "Greenburgh," the city was officially recognized as Tarrytown in 1996. With a rich history dating back over three centuries, Tarrytown offers a blend of historic charm and modern amenities, making it a popular destination for residents and visitors alike.
As of the latest census data, Tarrytown boasts a population of approximately 11,000 residents. Known for its tight-knit community and vibrant cultural scene, the city offers a diverse range of housing options to suit various preferences and budgets. From historic colonial homes to contemporary condominiums with scenic river views, Tarrytown's real estate market caters to a wide demographic, attracting both young professionals and families seeking a peaceful yet connected lifestyle.
The real estate market in Tarrytown, NY, reflects the city's desirability among homebuyers and investors. With a median home value exceeding the national average, Tarrytown offers a solid return on investment for those looking to purchase property in this thriving market. The city's strategic location, excellent schools, and proximity to New York City make it an attractive option for individuals seeking a suburban retreat with easy access to urban conveniences.
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.
