1031 EXCHANGE ROADMAP
www.naimartens.com
CLIENT CONTACTS NAI MARTENS
DAY 0-60 THE NAI MARTENS ADVANTAGE
Funds are transferred to the seller of the replacement property(ies). Exchanger has 180 days to close on new property(ies).
SALE DAY ~ DAY 0 START OF 45 DAY REPLACEMENT PROPERTY IDENTIFICATION MUST IDENTIFY BY ~ DAY 45 45 DAY REPLACEMENT PROPERTY IDENTIFICATION
EXCHANGER IDENTIFIES REPLACEMENT
Exchanger identifies replacement property(ies) within 45 days of the sale and notifies qualified intermediary.
END OF 45 DAY REPLACEMENT PROPERTY IDENTIFICATION
EXCHANGER MUST CLOSE BY ~ DAY 180
ON REPLACEMENT WITHIN 180 DAYS SALE
Proceeds from sale are transferred to qualified intermediary.
Owner (Exchanger) Decides to sell investment property and notifies a qualified intermediary of exchange prior to sale.
DAY 0-60 THE NAI MARTENS ADVANTAGE
1.
NAI Martens begins engagement with client to understand investment needs and educate them on their options. NAI Martens seeks opportunities within the client's parameters. NAI Martens will submit offers on all properties. Client reviews and approves the top 10 accepted offers. NAI Martens will enter into a contract and open escrow on or before the client closes their sale.
2. 3. 4. 5.
NAI Martens takes an initial (60) days to fully assess the clients needs and find the right investment fit before entering contract and opening escrow.
1330 E DOUGLAS AVE | WICHITA, KS This information is based on guidelines available to NAI Martens at the time. This document is for informational purposes only and is not legal or financial advise. Please discuss any 1031 transaction with your attorney or financial professional.
Page 1Powered by FlippingBook