In honor of Independence Day, Northern Bank branches and the Contact Center will be closed on Saturday, July 4. As always, mobile banking, online banking and our ATM network are available to you 24/7.

Due to construction, the entrance on Main Street will be closed at our Stoneham branch from Friday, July 3 at 8:00am until Monday, July 6 at 8:00am. The branch will remain open during regular business hours.

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Northern 1031 Exchange: Replacement Property Options

Choosing the right replacement property is one of the most important steps in a 1031 exchange. In this webinar, Northern 1031 Exchange explains the relevant tax code, the taxes investors face, and the strict time requirements that must be met. This discussion dispels the like-kind property myth and explores a variety of replacement options, including vacation homes, Delaware Statutory Trusts (DSTs), and triple-net lease properties. You’ll also gain a clear understanding of identification rules and how they impact your exchange strategy. This session is ideal for investors seeking flexibility while staying compliant with IRS regulations.

Latest Posts
Article

Worker Misclassification

Misclassifying workers is so common with employers today. Often business owners think it’s just an option they get to choose. Unfortunately, this is very wrong.

Read More

About Northern Bank

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.17 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.

 

Ready to take the next step?
We're here to help!

Contact us now to learn more about how Northern Bank can help you realize your goals and dreams.