To complete a 1031 exchange in Athena, OR, 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.
More About
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 Athena, OR 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…
Learn MoreAt 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…
Learn MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Athena, OR. We understand that navigating a 1031 exchange…
Learn MoreAthena, located in Oregon, was established as a city in 1881 during the peak of the railway expansion. Initially founded as a stop along the railroad, Athena has since transformed into a thriving community nestled in the scenic Umatilla County. The city's rich history can be seen in its well-preserved historic buildings and landmarks that date back to its early days.
With a current population of around 1,100 residents, Athena offers a small-town charm with a tight-knit community feel. The city is known for its friendly atmosphere and strong community involvement, making it an ideal place for families and individuals seeking a peaceful yet vibrant place to call home. The local schools and recreational facilities further enhance the quality of life in Athena, attracting new residents looking to settle down in a welcoming environment.
When it comes to the real estate market in Athena, prospective buyers can find a variety of housing options ranging from historic homes with Victorian architecture to modern properties with spacious yards. The city's real estate market is relatively stable, with a balanced mix of affordable homes and upscale properties. With the serene backdrop of Oregon's countryside and access to amenities such as parks, shops, and restaurants, Athena presents an attractive opportunity for individuals looking to invest in a property that combines comfort, beauty, and community.
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.