Video Transcript
I am pleased to let you know when conducting a 1031 Exchange with a property that you are selling in the state of New Mexico, there are no state specific requirements of the state of New Mexico. Since 1031 is a section of the federal tax code, it is to all fifty United States. So if you are a customer interested in selling a piece of real estate in New Mexico and exchanging it elsewhere, you are perfectly fine doing that through a 1031 Exchange. As a reminder, when conducting an exchange, it’s really important to select a qualified intermediary like us to protect your funds in between the time that you sell the property and go out and buy the property.
Understanding the New Mexico 1031 Exchange Process
One of the best things about working with IPX1031 is that we are owned and backed by the largest provider of title insurance services in the entire world (NYSE: FNF).
When it comes to financial strength, security of funds, and protecting your money in this completely unregulated industry, IPX1031 is absolutely second to none in the business.
For more information, please go to our website, and thank you for your time today.
If you have any questions about this or any other 1031 Exchange topics, please visit our New Mexico IPX1031 web page at www.ipx1031.com/newmexico. We’re happy to help.
Click to visit New Mexico 1031 Exchange page