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To complete a 1031 exchange in Union City, OH, 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 City, OH 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 City, OH. We understand that navigating a 1031 exchange…
Learn More
Union City, OH, formally incorporated as a city on February 16, 1908, is rich in history and community spirit. Initially settled by native tribes, the city transitioned into a hub of agricultural and industrial activities. Over the years, it has evolved into a vibrant and welcoming community for residents and visitors alike.
With a population of approximately 1,573 residents, according to the latest census data, Union City offers a close-knit environment that promotes a strong sense of belonging. The city's population is diverse, reflecting a blend of cultures, backgrounds, and traditions, creating a unique tapestry of unity within the community.
Union City's real estate market presents a mix of historical charm and modern living. From quaint historic homes to contemporary developments, the city offers a range of housing options to suit various preferences and budgets. With a growing demand for property in this desirable location, Union City's real estate market continues to thrive, making it an attractive destination for new homeowners and investors.
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.
