To complete a 1031 exchange in Oakfield, WI, 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 Oakfield, WI 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 MoreAt 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 MoreAt 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Oakfield, WI. We understand that navigating a 1031 exchange…
Learn MoreLocated in Fond du Lac County, Oakfield, WI, became a village in 1892 and was later incorporated as a city on January 28, 1954. Rich in history and charm, this picturesque city offers a blend of small-town atmosphere and modern conveniences.
As of the 2020 census, Oakfield has a population of approximately 1,064 residents. This tight-knit community values its small size, close-knit relationships, and peaceful surroundings. Residents enjoy a high quality of life here, with access to schools, parks, and local businesses that create a strong sense of community.
The real estate market in Oakfield, WI, offers a range of housing options, from historic homes to new constructions. The median home value in Oakfield is $167,500, with a mix of single-family houses and apartments. The market is known for its affordability compared to nearby cities, making it an attractive option for families, retirees, and individuals looking for a peaceful place to call home.
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.