To complete a 1031 exchange in Tacoma, 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 Tacoma, 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…
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 Tacoma, WA. We understand that navigating a 1031 exchange…
Learn MoreTacoma, Washington, officially became a city on November 12, 1875, making it one of the oldest cities in the state. Initially settled by Native American tribes, it saw significant growth during the mid-19th century due to its strategic location on Puget Sound, which facilitated trade and commerce.
As of the latest census data, the population of Tacoma stands at approximately 218,000 residents. Known for its diverse community and vibrant arts scene, the city offers a good balance between urban amenities and outdoor recreation opportunities. The city's rich history, including its ties to the railroad industry, adds to its unique character.
In recent years, Tacoma's real estate market has experienced steady growth, with demand for both residential and commercial properties on the rise. The city's proximity to Seattle and stunning views of Mount Rainier make it an attractive destination for homebuyers and investors alike. From historic neighborhoods to modern developments, Tacoma offers a range of options to suit various preferences and budgets.
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.