To complete a 1031 exchange in Des Moines, IA, 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 Des Moines, IA 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 Des Moines, IA. We understand that navigating a 1031 exchange…
Learn MoreFounded as Fort Des Moines in 1843, the city of Des Moines officially became incorporated in 1851. It rapidly grew into the capital of Iowa and has been the state's largest city since the 19th century. The city's history is rich with tales of development, perseverance, and growth, making it a significant locale in the American Midwest.
With a current population of approximately 217,000 residents, Des Moines is a vibrant and diverse community known for its friendly citizens and array of cultural attractions. The city has seen steady population growth in recent years, often attributed to its strong job market and affordable cost of living. Des Moines is widely recognized for its excellent schools, healthcare facilities, and quality of life, making it an appealing destination for families and professionals alike.
Des Moines's real estate market reflects its status as a thriving urban center. The city offers a range of housing options, from historic homes in charming neighborhoods to modern downtown condos with stunning skyline views. The real estate market has been experiencing a healthy demand, with properties being sold relatively quickly. Des Moines' real estate scene is an exciting mix of tradition and innovation, catering to a diverse range of buyers looking to call this dynamic city home.
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.