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 Minneapolis, 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 Minneapolis, 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 Minneapolis, MN. We understand that navigating a 1031 exchange…
Learn More
Minneapolis, known as the City of Lakes, was officially recognized as a city in 1867. It is the largest city in the state of Minnesota and forms the "Twin Cities" with its neighbor, St. Paul. With a rich history rooted in industries like flour milling and lumber, Minneapolis has evolved into a vibrant cultural hub.
As of the latest census data, Minneapolis has a population of approximately 430,000 residents, making it the 46th most populous city in the United States. The city boasts a diverse population and is known for its arts scene, parks, and numerous lakes, which offer recreational opportunities to residents and visitors alike.
In recent years, the real estate market in Minneapolis has experienced steady growth. The city offers a range of housing options, from historic homes in neighborhoods like Kenwood and Lowry Hill to modern condos in downtown areas. The real estate market has been characterized by a mix of affordability and luxury, making Minneapolis an attractive place to live for various income levels.
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.
