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To complete a 1031 exchange in Franklin, TN, 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 Franklin, TN 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 Franklin, TN. We understand that navigating a 1031 exchange…
Learn More
Franklin, TN, founded in 1799, is a city that encapsulates history and charm. Originally established as Marthasville, the city was later renamed to honor Benjamin Franklin. With a rich heritage dating back to the Civil War era, Franklin offers a perfect blend of historical significance and modern amenities for its residents and visitors.
Home to approximately 83,000 residents, Franklin is a thriving city located in Williamson County, Tennessee. The population has steadily grown over the years, drawn to the city's quality of life, top-rated schools, and picturesque downtown area. Franklin's community is vibrant and diverse, making it an attractive place to call home for families and professionals alike.
The real estate market in Franklin, TN, is robust and dynamic, reflecting the city's popularity and desirability. Boasting a range of housing options from historic homes to modern developments, the real estate landscape caters to various preferences and budgets. With a median home price of around $550,000, Franklin offers a mix of upscale properties and more affordable housing, providing opportunities for individuals to find their ideal home in this charming city.
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.
