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To complete a 1031 exchange in Yuma, AZ, 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 Yuma, AZ 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 Yuma, AZ. We understand that navigating a 1031 exchange…
Learn More
Yuma, AZ, a city located in the southwestern corner of the state, was founded in 1854. It officially became a city on April 7, 1914. Over the years, Yuma has grown steadily to become the largest city in Yuma County. The city's rich history includes its role as a key river crossing point on the Colorado River during the California Gold Rush.
Currently, Yuma boasts a diverse population, with approximately 100,000 residents calling it home. The city's population swells during the winter months as it attracts many snowbirds seeking refuge from the cold in its warm, sunny climate. Yuma's vibrant community offers a mix of cultural events, outdoor activities, and a strong sense of community that appeals to residents and visitors alike.
In terms of the real estate market, Yuma offers a range of housing options to suit different preferences and budgets. The city's real estate market has seen steady growth in recent years, with a variety of properties available, from historic homes in downtown Yuma to modern developments in suburban areas. Yuma's real estate market remains attractive to buyers looking for a desirable lifestyle in a thriving desert 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.
