To complete a 1031 exchange in West Des Moines, IA, 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 West Des Moines, IA 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 West Des Moines, IA. We understand that navigating a 1031 exchange…
Learn MoreFounded in 1893, West Des Moines became a city known for its vibrant community and economic opportunities. As of the latest census data, the city has a population of approximately 67,899 residents, making it one of the largest suburbs in the Des Moines metropolitan area.
The real estate market in West Des Moines offers a variety of housing options to cater to different preferences and budgets. From modern apartments to spacious single-family homes, the city provides diverse choices for those looking to settle down in this thriving community. The housing market remains competitive, with a mix of new developments and established neighborhoods attracting buyers and investors alike.
West Des Moines boasts a strong economy driven by sectors like finance, insurance, and technology. Its strategic location and business-friendly environment have attracted companies of all sizes, contributing to job growth and economic stability. The city's dynamic business landscape, coupled with an excellent quality of life, makes it an attractive destination for both residents and businesses looking to thrive in the heart of Iowa.
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.