Top Foothill Ranch, CA 1031 Exchange Lawyers Near You
Our expert, award-winning attorneys at Stone & Sallus are here to help navigate all aspects of business law & real estate law.
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Over 25 years of high-stakes commercial real estate law. Safeguarding your property assets and future growth. Winning matters.
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I have been practicing in this area for the past 13 of my 35-year legal career. I find this work especially rewarding.
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13252 Garden Grove Blvd, Ste 204, Garden Grove, CA 92843
2530 Wilshire Blvd, 3rd Floor, Santa Monica, CA 90403
1920 Main Street, Suite 1000, Irvine, CA 92614
11030 Santa Monica Blvd., Suite 109, Los Angeles, CA 90025
550 North Brand Blvd, Suite 1500, Glendale, CA 91203
301 N Lake Ave, 7th Floor, Pasadena, CA 91101
555 Flower St, Suite 3700, Los Angeles, CA 90071
9820 Charleville Boulevard, Beverly Hills, CA 90212
16130 Ventura Boulevard, Suite 500, Encino, CA 91436
132 South Rodeo Drive, Beverly Hills, CA 90212
5567 Reseda Blvd, Ste 330, Tarzana, CA 91356
2211 Michelson Drive, Suite 1100, Irvine, CA 92612
15760 Ventura Blvd, 18th Floor, Encino, CA 91436
18101 Von Karman Avenue, Suite 1000, Irvine, CA 92612
3200 Park Center Drive, Suite 950, Costa Mesa, CA 92626
1840 Century Park East, 17th Floor, Los Angeles, CA 90067
340 Golden Shore, Suite 450, Long Beach, CA 90802
85 Enterprise, Suite 310, Aliso Viejo, CA 92656
11150 Santa Monica Blvd, Suite 890, Los Angeles, CA 90025
1063 Indiana Ave, Venice, CA 90291
1875 Century Park East, 12th Floor, Los Angeles, CA 90067
3435 Wilshire Blvd, Los Angeles, CA 90010
3 Park Plaza, Suite 1650, Irvine, CA 92614
444 South Flower Street, Suite 3200, Los Angeles, CA 90071
695 Town Center Dr, Suite 400, Costa Mesa, CA 92626
Foothill Ranch 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Foothill Ranch 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 Foothill Ranch?
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