To complete a 1031 exchange in Tecumseh, KS, 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 Tecumseh, KS 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 Tecumseh, KS. We understand that navigating a 1031 exchange…
Learn MoreTecumseh, located in Shawnee County, Kansas, was founded in 1870. It was incorporated as a city on February 15th, 2005. Initially, an unincorporated community, Tecumseh evolved into a city through steady growth and development over the decades.
The population of Tecumseh stands at approximately 7,600 residents as of the latest census. The city's population has shown a consistent increase over the years, thanks to its attractive mix of suburban living and affordability in the state of Kansas. The community is known for its friendly atmosphere and strong sense of community.
In terms of the real estate market, Tecumseh offers a range of housing options from single-family homes to apartments. The city boasts affordable housing prices compared to nearby urban areas, making it an appealing choice for first-time buyers and families. Additionally, the real estate market in Tecumseh is stable, presenting potential for growth, and is supported by a growing local economy.
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.