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To complete a 1031 exchange in Washington, 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 Washington, 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…
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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 Washington, PA. We understand that navigating a 1031 exchange…
Learn More
Washington, PA became a city in 1924 after growing significantly due to its position as a county seat in Washington County. Originally settled in 1768, the city experienced growth with the development of coal and steel industries in the region, transforming it into a thriving community with a rich history.
The city of Washington is home to approximately 13,500 residents, making it a vibrant and diverse community. Known for its historic architecture and charming downtown area, the city offers a blend of small-town charm and urban amenities. The population has seen steady growth in recent years, attracting new residents to its welcoming community.
With a mix of historic homes, modern developments, and commercial properties, Washington, PA's real estate market offers a range of opportunities for buyers and investors. The housing market in the city is characterized by a variety of architectural styles, from Victorian homes to contemporary apartments. The real estate market is dynamic, with a mix of affordable options and upscale properties, making it an attractive location for those looking to settle in a historic yet modern city.
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.
