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To complete a 1031 exchange in Waltham, MA, 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 Waltham, MA 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 Waltham, MA. We understand that navigating a 1031 exchange…
Learn More
Once known as the "Watch City," Waltham officially became a city on January 9, 1884. It holds a rich history, being home to the renowned Waltham Watch Company, which revolutionized watchmaking in the 19th century. Beyond horology, Waltham is a diverse and vibrant city located just 12 miles west of Boston, offering a mix of urban amenities and suburban charm.
With a population of approximately 62,000 residents, Waltham is a thriving community that appeals to a wide range of individuals. The city is known for its excellent schools, numerous parks, and a plethora of dining options that cater to various tastes. Furthermore, Waltham's strong sense of community and cultural events make it a desirable place to live for families, young professionals, and students alike.
Waltham's real estate market presents a dynamic landscape, offering a mix of historic homes, new developments, and apartments to suit different preferences. The city has seen steady growth in property values, with a median home price of around $600,000. The diverse range of housing options, from Victorian-era houses near the Charles River to modern condos in vibrant neighborhoods, provides residents with a variety of choices to call Waltham home.
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.
