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To complete a 1031 exchange in East Lansing, MI, 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 East Lansing, MI 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 East Lansing, MI. We understand that navigating a 1031 exchange…
Learn More
East Lansing, MI officially became a city in 1907, making it a historical and well-established community in the state of Michigan. Initially created as a college town next to the prestigious Michigan State University, East Lansing boasts a rich cultural heritage and vibrant atmosphere that caters to both residents and students alike.
The city of East Lansing has a diverse population of approximately 48,000 residents. With a mix of students, families, and professionals, East Lansing offers a dynamic and inclusive environment. The city's population also benefits from access to top-rated educational institutions, a variety of recreational activities, and a strong sense of community.
East Lansing's real estate market is characterized by a range of housing options, from charming historic homes to modern apartments and condominiums. The city's real estate sector is stable and offers diverse opportunities for buyers and renters. With a strong demand for housing due to its proximity to the university, East Lansing presents a promising market for real estate investors and homeowners alike.
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.
