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Introduction to 1031 Exchange: A Step-by-Step Guide

Know & Grow

Preserve profit and built wealth through tax deferred exchange.

Selling investment or business property requires you to pay taxes on the profit from the sale. But, did you know that if you wish to reinvest, it is possible to defer paying the tax

and use the entire amount of equity from the exchange to acquire substantially more replacement property? That's just one of the benefits of a 1031 Exchange.

By deferring taxes. a property owner can:

  • Improve cash flow
  • Consolidate or diversify their holdings
  • Solve management problems
  • Increase leverage
  • Enhance the opportunity for greater wealth

Northern 1031 Exchange* acts as the Qualified Intermediary (QI) in an exchange, which is a key requirement for completing a qualified tax deferred transaction. As a QI, we have extensive knowledge of the exchange procedures and contract stipulations and are here to help make the process easier.

Download our eBook now to gain expert insights into the process and requirements for completing a successful 1031 Exchange.

Download our eBook now.

Cover of Northern Bank's Introduction to 1031 Exchange guide

* Northern Bank, including its subsidiary Northern 1031 Exchange, LLC does not provide tax, legal or accounting advice, nor can we make any representations or warranties regarding the tax consequences of your exchange transaction. We strongly encourage you to seek appropriate professional advice regarding your specific facts and circumstances.