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 Ophiem, IL, 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 Ophiem, IL 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 Ophiem, IL. We understand that navigating a 1031 exchange…
Learn More
Ophiem, IL, is a charming city located in the state of Illinois. Originally settled in the late 1800s, Ophiem was officially incorporated as a city in 1886. With a rich history rooted in agriculture and small-town traditions, Ophiem remains a close-knit community with a population that values its heritage.
As of the latest census data, the population of Ophiem stands at approximately 300 residents. Despite its small size, Ophiem offers a peaceful and serene environment for those looking to escape the hustle and bustle of city life. The community is known for its friendly atmosphere and strong community bonds, making it an ideal place to raise a family or retire in a tranquil setting.
In terms of the real estate market in Ophiem, IL, the city offers a mix of historic homes and newer developments. The housing market in Ophiem is characterized by affordable prices and a variety of property types, including single-family homes, townhouses, and vacant land for those looking to build their dream home. With a focus on preserving its small-town charm, Ophiem provides a unique opportunity for homeowners to enjoy a peaceful lifestyle amidst the beauty of rural Illinois.
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.
