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To complete a 1031 exchange in Harrison Township, 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 Harrison Township, 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 Harrison Township, MI. We understand that navigating a 1031 exchange…
Learn More
Harrison Township, located in Macomb County, Michigan, officially became a city in 1978. Prior to this, it was known as Harrison Township and had a rich history dating back to the early 1800s. The township was named after U.S. President William Henry Harrison and is home to various historical sites and landmarks.
With a population of approximately 25,000 residents, Harrison Township is a diverse community offering a mix of suburban tranquility alongside waterfront living. The city has seen steady population growth in recent years, attracting families and professionals looking for a peaceful yet vibrant place to call home.
The real estate market in Harrison Township is characterized by a variety of housing options, ranging from charming single-family homes to modern waterfront properties. The city's proximity to Lake St. Clair makes it a desirable location for those seeking waterfront living. The real estate market in Harrison Township has remained robust, with a balanced mix of buyers and sellers, making it an attractive place to invest in property.
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.
