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To complete a 1031 exchange in Voluntown, CT, 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 Voluntown, CT 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 Voluntown, CT. We understand that navigating a 1031 exchange…
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Located in New London County, Connecticut, Voluntown is a town that was incorporated in 1721. Despite being an old town, the population remains small and tight-knit, with approximately 2,500 residents. Known for its rural character and natural beauty, Voluntown offers a tranquil escape from the hustle and bustle of city life.
Voluntown's real estate market is a mix of historic homes, modern developments, and vast expanses of land. The town's real estate has seen stable growth in recent years, with a median home value of around $230,000. Whether you're looking for a charming farmhouse, a cozy cottage, or a spacious plot of land to build your dream home, Voluntown has options to suit various preferences and budgets.
Surrounded by forests, lakes, and conservation areas, Voluntown provides residents with ample opportunities for outdoor activities such as hiking, fishing, and camping. With its proximity to the Pachaug State Forest and Beach Pond State Park, outdoor enthusiasts are sure to find plenty of ways to connect with nature in this picturesque town.
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.
