Our team of experts will guide you every step of the way, helping you achieve your investment goals, minimize tax liabilities, and simplify the process.
Contact us today to connect with a professional 1031 Exchange Facilitator.
Get Your Free E-Book.
To complete a 1031 exchange in Houghton, MI, 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 Houghton, MI 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 More
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…
Learn More
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 Houghton, MI. We understand that navigating a 1031 exchange…
Learn More
Houghton, MI, founded in 1852, became an official city in 1861. Situated in the striking Upper Peninsula of Michigan, Houghton boasts a rich history deeply intertwined with the mining industry. Its status as a city was pivotal to its growth and development, propelling it into a vibrant community that thrives to this day.
With a current population of approximately 7,708 residents, Houghton strikes a perfect balance between small-town charm and modern amenities. Its residents enjoy picturesque surroundings, outdoor recreational opportunities, and a welcoming community atmosphere. The city's population size allows for a close-knit feel while still offering a range of cultural and social activities.
The real estate market in Houghton, MI, remains strong, reflecting the city's desirability and appeal. With a mix of historic homes, charming neighborhoods, and new developments, Houghton offers a diverse range of housing options to suit various preferences. The real estate market in Houghton is competitive yet accommodating, making it an attractive destination for those seeking a peaceful and vibrant place to call home.
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.
