Our team of experts will guide you every step of the way, helping you achieve your investment goals, minimize tax liabilities, and simplify the process.
Contact us today to connect with a professional 1031 Exchange Facilitator.
Get Your Free E-Book.
To complete a 1031 exchange in Luverne, MN, 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.
More About
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 Luverne, MN 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 More
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
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 Luverne, MN. We understand that navigating a 1031 exchange…
Learn More
Luverne, a picturesque city in Minnesota, was officially incorporated as a city in 1879. With a rich history and a strong sense of community, Luverne has developed into a charming Midwestern town over the years. Known for its friendly residents and welcoming atmosphere, it continues to attract visitors and new residents alike.
The population of Luverne, MN, stands at approximately 4,700 residents. This small yet vibrant community offers a peaceful and serene living environment for its residents. With a low crime rate and excellent schools, Luverne is a popular choice for families looking to settle down in a safe and friendly neighborhood.
When it comes to the real estate market in Luverne, MN, the city offers a mix of historic homes, modern apartments, and spacious properties. The average home price in Luverne is around $150,000, making it an affordable option for those seeking a comfortable abode in a quaint setting. With a variety of housing options available, Luverne caters to a diverse range of preferences and budgets.
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.
