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In December, Northern 1031 Vice President Michele Fitzpatrick spoke with host Rick Kaplan of the NEREJ Podcast. She spoke to the basics of 1031 exchange, including related requirements and restrictions, and different types of transactions that can be considered under the tax code.
Michele discussed possible ramifications of the current administration’s proposed changes to the step-up in basis provision. She said that the provision, and 1031 in general, should not be seen as an unfair tax sheltering strategy. Instead, it is a way for everyday property owners to increase personal wealth.
Your financial journey is more than just numbers, it’s about your dreams, your security, and your legacy. This Elder Abuse Awareness month, we’re sharing warning signs to help you stay vigilant and protect against fraud.
There's nothing like the feeling of owning your own home. At Northern Bank, we get that. We work to make homeownership possible for clients like Jose, who our first-time homebuyer specialist worked side-by-side with until they achieved their dream.
For many business owners, it’s difficult to imagine life without their business. While it’s easy to put off planning, preparing for an...
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 $3.22 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.
Contact us now to learn more about how Northern Bank can help you realize your goals and dreams.