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To complete a 1031 exchange in Cannon Beach, 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.
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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 Cannon Beach, 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…
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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 Cannon Beach, OR. We understand that navigating a 1031 exchange…
Learn More
Cannon Beach, located on the northern Oregon coast, officially became a city on June 9, 1956. Known for its stunning natural beauty, including iconic Haystack Rock, it has grown from a small rural community to a popular destination for tourists and residents alike.
As of the latest census data, Cannon Beach has a population of approximately 1,742 residents. The town's population swells during the summer months due to its popularity as a vacation spot. The community prides itself on its small-town charm, vibrant arts scene, and outdoor recreational opportunities.
In terms of the real estate market, Cannon Beach offers a mix of properties ranging from cozy beach cottages to luxury oceanfront estates. The market can be competitive due to the high demand for vacation homes and rental properties. Home prices in Cannon Beach tend to be higher than the state average, reflecting its desirability as a coastal living destination.
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.
