Top Berkeley, CA 1031 Exchange Lawyers Near You
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50 California St, Suite 1500, San Francisco, CA 94111
PO Box 2952, San Ramon, CA 94583
150 California Street, Suite 2200, San Francisco, CA 94111
11 Embarcadero W Ste 145, Oakland, CA 94607
613 First Street, Suite 202, Brentwood, CA 94513
2121 N. California Blvd., Suite 290, Walnut Creek, CA 94596
505 Montgomery Street, 11th FL, San Francisco, CA 94111
155 Sansome Street, Ste 700, San Francisco, CA 94104
2950 Buskirk Avenue, Suite 300, Walnut Creek, CA 94597
100 Pine Street, Suite 1250, San Francisco, CA 94111
540 Pacific Avenue, San Francisco, CA 94133
516 16th Street, Oakland, CA 94612
4 W 4th Ave, Suite 406, San Mateo, CA 94402
177 Bovet Rd, Suite 525, San Mateo, CA 94402
177 Bovet Rd, Suite 550, San Mateo, CA 94402
456 Montgomery Street, Suite 700, San Francisco, CA 94104
3 Embarcadero Center, Suite 2400, San Francisco, CA 94111-4024
870 Market St, Suite 500, San Francisco, CA 94102
155 Sansome Street, Suite 700, San Francisco, CA 94104
93 Moraga Way, Suite 101, Orinda, CA 94563
2300 Contra Costa Blvd Suite 450, Pleasant Hill, CA 94523
2 Embarcadero Center, Suite 1300, San Francisco, CA 94111-3821
1108 5th Avenue, 3rd Floor, San Rafael, CA 94901
2000 Crow Canyon Pl Suite 380, PO Box 10, San Ramon, CA 94583
1300 Clay Street, 11th Floor, City Center Plaza, Oakland, CA 94612
Berkeley 1031 Exchange Information
Lead Counsel Verified Attorneys in Berkeley
Lead Counsel independently verifies 1031 Exchange attorneys in Berkeley and checks their standing with California bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
What Is a 1031 Exchange?
A “1031 exchange” refers to section 1031 of the U.S. Internal Revenue Code, which allows you to defer capital gains taxes on some real estate transactions. Also known as a “tax-deferred exchange,” you will be able to defer any capital gains taxes when selling a home as long as you are buying another home that costs more. You can also do this for business property investment. Many property exchanges qualify as a 1031 exchange as long as you are holding the property for investment or business use, giving you significant tax savings.
What Are Some Examples of Situations Where I Might Need a Real Estate Lawyer To Help With a 1031 Exchange?
While a common tax savings tactic for real estate investors, making sure your 1031 exchange goes smoothly may require a lawyer’s attention to detail and knowledge of the law. Consult with your real estate lawyer if you are considering purchasing a new piece of real estate investment property or seeking a new business property.
How Can a Real Estate Lawyer Help Me?
A real estate lawyer can help you through the real estate process. With so much money on the line, it is wise to work with a lawyer to protect your investment. A real estate lawyer can help with:
- Breach of contract claims
- Property insurance claim denials
- Title disputes
- Zoning restrictions
- HOA restrictions
- Negotiating commercial lease agreements
- Handling property tax matters
What Could Happen if I Don’t Hire a Real Estate Lawyer?
If you don’t hire a real estate lawyer, you could be putting your home or business at risk. Problems with a real estate deal can quickly spiral out of control, costing you tens of thousands of dollars or more. Property ownership or title disputes can cost you your home. Without a real estate lawyer, you could face:
- Property and zoning restrictions
- Property tax penalties
- Breach of contract claims
- Environmental remediation costs
What Questions Should I Ask When Trying To Find a Real Estate Lawyer in Berkeley?
These questions can help you decide if you feel comfortable and confident that a lawyer has the qualifications, experience, and ability to manage your case. Many real estate lawyers offer an initial consultation that allows you to understand your options and get specific legal advice before hiring them. The top questions to ask include:
- What is your experience in handling real estate cases in California?
- Have you represented property owners in cases like mine?
- What are potential issues that can come up during the property purchase?
- How will you keep me informed about updates in my case?
- What is the likely timeline for resolving my case?
- What is your fee structure for legal representation?
Tips for Hiring a Real Estate Lawyer
Take the time to find a real estate attorney who is right for you and will represent your best interests. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about fees and billing
- Trust your instincts