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To complete a 1031 exchange in Highlands, NC, 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 Highlands, NC 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 Highlands, NC. We understand that navigating a 1031 exchange…
Learn More
Highlands, NC, founded in 1875, is a charming mountain town known for its natural beauty, waterfalls, and vibrant community. With a year-round population of around 1,000 residents, this idyllic city experiences a surge of visitors during the summer and fall months, making it a popular destination for outdoor enthusiasts and nature lovers.
The real estate market in Highlands, NC, is characterized by a mix of historic homes, mountain cabins, and luxury estates. The median home value in Highlands is approximately $500,000, with prices varying depending on location, size, and amenities. Due to its appeal as a vacation destination and a retirement community, the real estate market in Highlands remains active, attracting buyers looking for a peaceful mountain retreat.
Whether you are drawn to the scenic beauty of the Blue Ridge Mountains or the small-town charm of Highlands, NC offers a unique blend of outdoor adventures, cultural experiences, and community events. From hiking trails to boutique shops and gourmet restaurants, this city has something for everyone to enjoy. Discover the magic of Highlands, NC, and immerse yourself in a welcoming community nestled in the heart of the mountains.
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.
