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To complete a 1031 exchange in Union, OR, 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 Union, OR 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 Union, OR. We understand that navigating a 1031 exchange…
Learn More
Union, Oregon became a city in 1878 and is rich in history. It is located in the northeastern part of the state, in the beautiful Grande Ronde Valley. The city has preserved its historic charm, with many Victorian-era buildings still standing, giving visitors a glimpse into its past.
The population of Union, OR is around 2,000 residents. Despite being a small city, Union offers a close-knit community feel with a range of recreational opportunities such as hiking, fishing, and hunting in the nearby Wallowa-Whitman National Forest. The city hosts various cultural events and festivals that bring the community together.
Real estate in Union, OR offers a mix of historic homes and newer developments. The real estate market in the city is relatively stable, with a median home price of around $200,000. The scenic beauty of the area attracts both residents and tourists, contributing to the demand for properties in this tranquil and picturesque part of Oregon.
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.
