Top El Segundo, CA 1031 Exchange Lawyers Near You
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7700 Irvine Center Dr, Suite 800, Irvine, CA 92618
401 Wilshire Blvd, Suite 850, Santa Monica, CA 90401
2029 Century Park East, Suite 1400, Los Angeles, CA 90067
2566 Overland Avenue, Suite 730, Los Angeles, CA 90064
9465 Wilshire Blvd, Suite 300, Beverly Hills, CA 90212
301 N Lake Ave, Suite 600, Pasadena, CA 91101
11030 Santa Monica Blvd., Suite 109, Los Angeles, CA 90025
32123 Lindero Canyon Rd, Suite 302, Westlake Village, CA 91361
11100 Santa Monica Blvd, Suite 500, Los Angeles, CA 90025
2530 Wilshire Blvd, 3rd Floor, Santa Monica, CA 90403
4640 Admiralty Way, Suite 1030, Marina del Rey, CA 90292
301 N Lake Ave, 7th Floor, Pasadena, CA 91101
15760 Ventura Blvd, 18th Floor, Encino, CA 91436
400 Camarillo Rand Road, Suite 102, Camarillo, CA 93012
13252 Garden Grove Blvd, Ste 204, Garden Grove, CA 92843
520 South Grand Avenue, Suite 1695, Los Angeles, CA 90071
515 S Figueroa St, Suite 1800, Los Angeles, CA 90071
132 South Rodeo Drive, Beverly Hills, CA 90212
120 Broadway, Suite 300, Santa Monica, CA 90401
30021 Tomas Street, Suite 300, Rancho Santa Margarita, CA 92688
14401 Sylvan St, Suite 101, Van Nuys, CA 91401
620 Newport Center Dr, Suite 1100, PMB 732, Newport Beach, CA 92660
53 Paloma Ave, Marina del Rey, CA 90291
1880 Century Park E, Suite 1101, Los Angeles, CA 90067
21515 Hawthorne Blvd, Suite 1260, Torrance, CA 90503
El Segundo 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in El Segundo 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 El Segundo?
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