Please note that our Acton branch will be closed on Friday, May 15 due to construction, and our Westford branch will be closed on Saturday, May 16, for the Westford Apple Blossom Parade. As always, you can access your account 24/7 with mobile, online banking & our ATM network.

Due to construction, the drive-up window and drive-up ATM will not be available at our Billerica branch. The branch will remain open during regular business hours, but the drive-up lanes will remain closed during construction.

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1031 Exchange Insights

1031 Exchange Insights

1031 Exchange Content For You
1031 Exchange
Webinar

Northern 1031 Exchange: Helping Your Clients Build Wealth Through 1031 Exchange

Join us for an on-demand webinar exploring how a 1031 Exchange can play a powerful role in your clients’ wealth-building strategies. Our experts will share practical insights, real-world applications, and key considerations to help you confidently guide clients through this valuable tax-deferral tool. Walk away better equipped to position yourself as a trusted resource and strategic partner.

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1031 Exchange
Webinar

Northern 1031 Exchange: 1031 Exchange and Estate Planning

This informative webinar will answer questions and cover key strategies you need to be aware of with Estate Planning and 1031 Exchange. Whether you're looking to minimize estate taxes, facilitate smooth wealth transfers, or create lasting financial security for your family, we'll show you how strategic exchanges can serve multiple purposes simultaneously. This session is ideal for real estate investors, Attorneys, CPAs and FAs.

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1031 Exchange
Webinar

Northern 1031 Exchange Alternatives: The DST Advantage

Not every investor needs to roll exchange proceeds into another actively managed property. Fortunately, there are alternative replacement property options that may still qualify under 1031 rules.

In this webinar, we’ll explore Delaware Statutory Trusts (DSTs) and other replacement property structures, including how they work, when they may be appropriate, and what professionals should understand before recommending them. We’ll discuss benefits, limitations, and due-diligence considerations so you can help clients evaluate whether a more passive approach aligns with their goals.

This session is ideal for advisors and investors seeking flexible solutions in a changing real estate landscape.

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1031 Exchange
Webinar

Northern 1031 Exchange: Parties and Properties in a 1031 Exchange

Understanding who—and what—can be involved in a 1031 exchange is critical to executing it correctly. In this on-demand webinar, our Northern 1031 Exchange expert covers the different types, formats, and variations of exchanges, along with the parties and properties that qualify. You’ll gain clarity on disregarded entities, common ways to hold title, tenants in common, and how the same taxpayer rule applies, including special considerations for spouses. The session also tackles common like-kind property myths, key exceptions, and practical scenarios investors frequently encounter. Whether you’re new to 1031 exchanges or looking to refine your understanding, this webinar provides a strong foundation for compliant and successful exchanges.

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1031 Exchange
Webinar

Northern 1031 Exchange: Understanding Tax Basis

Tax basis plays a major role in determining the true financial impact of selling or exchanging investment property. This on-demand webinar walks through the taxes investors face in a sale versus a 1031 exchange and explains how exchanges can help increase long-term rates of return. Northern 1031 Exchange covers the fundamentals of tax basis, stepped-up basis, and how these concepts affect investment strategy and estate planning. The session also reviews the Section 121 primary residence exclusion and highlights the importance of qualified intermediary (QI) due diligence. Investors will leave with a clearer picture of how tax basis influences decision-making and wealth preservation.

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1031 Exchange
Webinar

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.

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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.

 

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