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To complete a 1031 exchange in Taylor, MI, 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.
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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 Taylor, MI 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…
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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…
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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 Taylor, MI. We understand that navigating a 1031 exchange…
Learn More
Taylor, MI, officially became a city on July 23, 1968. Prior to its incorporation, it was known as Taylor Township. The journey from a township to a city marked a significant milestone in its development, paving the way for growth and urbanization.
With a population of over 60,000 residents, Taylor is a bustling community nestled in Wayne County, Michigan. The city boasts a rich tapestry of cultural diversity and a strong sense of community spirit. Its strategic location near Detroit makes it an attractive place for both residents and businesses alike.
The real estate market in Taylor is vibrant, offering a mix of housing options to suit various lifestyles and budgets. From cozy suburban homes to modern apartments, Taylor provides a range of choices for potential homebuyers. The city's real estate market has seen steady growth in recent years, making it a promising destination for those looking to settle down in a thriving urban environment.
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.
