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To complete a 1031 exchange in Bonner Springs, KS, 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.
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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 Bonner Springs, KS 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…
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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…
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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 Bonner Springs, KS. We understand that navigating a 1031 exchange…
Learn More
Bonner Springs, Kansas, located in Wyandotte County, was officially incorporated as a city in 1898. Its rich history dates back to the mid-1800s when it was founded by the Reverend James Bonner. Over the years, the city has evolved into a vibrant community rooted in its historical charm.
As of the latest census data, Bonner Springs boasts a population of approximately 7,500 residents. This close-knit community offers a small-town feel with easy access to the bustling metropolitan area of Kansas City. Residents enjoy a high quality of life with a range of amenities such as local parks, schools, and cultural attractions.
The real estate market in Bonner Springs is diverse, offering a mix of historic homes, modern developments, and spacious plots of land. The city's housing market provides opportunities for both buyers and sellers, with a variety of housing options to suit different lifestyles and budgets. Whether you're looking for a cozy cottage or a contemporary family home, Bonner Springs has something for everyone.
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.
