Our team of experts will guide you every step of the way, helping you achieve your investment goals, minimize tax liabilities, and simplify the process.
Contact us today to connect with a professional 1031 Exchange Facilitator.
Get Your Free E-Book.
To complete a 1031 exchange in Bohemia, NY, you must work with a qualified intermediary to hold your funds and sign an agreement. At 1031 Nationwide, we can provide the expertise and support you need to ensure a successful exchange.
To participate in a 1031 exchange, you must first sell your existing property, which is known as the “relinquished property.” All deadlines for the exchange process are based on the closing date of the relinquished property, not the contract date.
Once you’ve sold your relinquished property, the next step in a 1031 exchange is to identify potential replacement properties to buy. This is a crucial step in the exchange process, and it must be completed within 45 days of the sale of the relinquished property.
The final step is to purchase the replacement property within 180 days of selling the relinquished property. This six-month window allows you to find and close on a suitable replacement that meets your investment goals and the exchange requirements.
More About
At 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process. We understand that navigating a 1031 exchange in Bohemia, NY can be complex and time-consuming, but with our expertise and experience, we can guide you every step of the way.
Our team of qualified intermediaries has helped countless investors across the country successfully complete their 1031 exchanges, unlocking new opportunities for growth and financial freedom. We offer personalized guidance and support throughout the entire process, from identifying potential replacement properties to closing the deal.
At 1031 Nationwide, we understand that completing a 1031 exchange can be a complex and daunting process. That’s why we offer a range of services to simplify the exchange process and help…
Learn More
At 1031 Nationwide, we are dedicated to helping real estate investors grow their portfolios and achieve their financial goals through 1031 exchanges. We understand that navigating the complexities…
Learn More
At 1031 Nationwide, our mission is to help you achieve your investment goals, while minimizing your tax liabilities and simplifying the 1031 exchange process in Bohemia, NY. We understand that navigating a 1031 exchange…
Learn More
Bohemia is a hamlet located in Suffolk County, New York. It was settled in the 1850s and officially became part of the Town of Islip in 1869. With a rich history dating back over a century, Bohemia maintains a small-town charm while still being conveniently located near major metropolitan areas like New York City.
As of the latest census data, Bohemia has a population of approximately 10,000 residents. This vibrant community offers a mix of suburban and rural living, making it an attractive place for families and individuals looking to escape the hustle and bustle of city life. The town is known for its excellent schools, parks, and recreational facilities, making it a desirable place to call home.
When it comes to the real estate market in Bohemia, NY, properties range from cozy single-family homes to spacious estates. The housing market is competitive, with a mix of historic homes and newer developments to choose from. The median home value in Bohemia is around $400,000, making it a relatively affordable option for those looking to own a piece of Long Island's charm.
We have worked with various companies, just a few we have partnered with. You can be assured that your 1031 Exchange will be handled appropriately.
