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To complete a 1031 exchange in Sequim, WA, 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 Sequim, WA 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 Sequim, WA. We understand that navigating a 1031 exchange…
Learn More
Sequim, a picturesque city nestled in the state of Washington, officially became an incorporated city on October 31, 1913. The name "Sequim" is derived from a Native American tribe and means "quiet waters." Initially known for its agricultural pursuits, particularly lavender farming, Sequim has evolved into a vibrant community due to its beautiful landscapes and moderate climate.
With a population of approximately 7,000 residents, Sequim offers small-town charm with access to various amenities. The city is renowned for its strong sense of community, outdoor recreational opportunities, and a flourishing arts and cultural scene. Sequim's population continues to grow steadily, as it attracts individuals seeking a serene lifestyle amidst the stunning backdrop of the Olympic Mountains and nearby waterways.
Sequim's real estate market reflects its appeal as a desirable place to live. The city offers a range of housing options, from historic properties in the downtown area to modern homes with scenic views. The real estate market in Sequim has witnessed a steady increase in property values, driven by the city's popularity among retirees, outdoor enthusiasts, and individuals seeking a more relaxed pace of life in a beautiful natural setting.
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.
