High Point, NC 1031 Exchange eBook

The Basic Principles Of A 1031 Exchange

Get Your Free E-Book.

Simple Steps to Guide You with Your 1031 Exchange in High Point, NC

Choosing A Qualified Intermediary

To complete a 1031 exchange in High Point, NC, 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.

Dispose Of Current Property

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.

Determine New Property For Exchange

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.

Finalize Purchase Of Replacement 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.

1031 Exchange News in High Point, NC

More About

1031 Exchanges in High Point, NC

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 High Point, NC 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.

Qualified Intermediary High Point, NC
Why Choose Us

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 More
Dispose of Current Property in High Point, NC
How It Works

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…

Learn More
New Property for Exchange in High Point, NC
About Us

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 High Point, NC. We understand that navigating a 1031 exchange…

Learn More
 High Point, NC 1031 Exchange Replacement Property

Discovering High Point, North Carolina

High Point, located in the state of North Carolina, officially became a city in 1859. Known as the "Furniture Capital of the World," this vibrant city is famous for its rich history in furniture manufacturing which has shaped its identity over the years. With a historical background in the furniture industry, High Point has grown and diversified its economy while maintaining its unique heritage.

High Point has a population of approximately 112,000 residents, making it the ninth-largest municipality in North Carolina. The city has a diverse community with a mixture of cultures and backgrounds, offering a vibrant and welcoming environment. Residents and visitors alike enjoy a range of cultural events, arts festivals, and outdoor activities, contributing to the city's dynamic atmosphere.

When it comes to the real estate market in High Point, NC, the city offers a diverse range of housing options to cater to different preferences and budgets. From charming historic homes to modern apartments and suburban neighborhoods, High Point provides a variety of choices for potential homebuyers. The real estate market in High Point is known for its affordability compared to other cities in North Carolina, making it an attractive destination for individuals and families looking to invest in property.

Some of the Companies that have Referred Us Business

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.

High Point, NC TDRealty 1031 Exchange Partner
High Point, NC Century 21 1031 Exchange
1031 Exchanges for Coldwell Banker High Point, NC
Better Homes 1031 High Point, NC
ERA High Point, NC 1031 Exchanges
Assist2Sell 1031 High Point, NCAssociate