Top Foothill Ranch, CA 1031 Exchange Lawyers Near You
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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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1031 Exchange Lawyers | Serving Irvine, CA
Over 25 years of high-stakes commercial real estate law. Safeguarding your property assets and future growth. Winning matters.
1031 Exchange Lawyers | Serving Foothill Ranch, CA
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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801 E Chapman Avenue, Suite 214, Fullerton, CA 92831
135 S State College Blvd, Suite 200, Brea, CA 92821
3334 E Coast Hwy, Suite 261, Corona Del Mar, CA 92625
315 S Beverly Dr, Suite 412, Beverly Hills, CA 90212
2530 Wilshire Boulevard, Suite 325, Santa Monica, CA 90403-9998
23586 Calabasas Rd, Suite 202, Calabasas, CA 91302
10880 Wilshire Blvd, Suite 1420, Los Angeles, CA 90024
1880 Century Park E, Suite 1101, Los Angeles, CA 90067
11400 West Olympic Boulevard, Suite 700, Los Angeles, CA 90064
20128 Roscoe Blvd, Winnetka, CA 91306
6300 Canoga Ave, Suite 1610, Woodland Hills, CA 91367
21550 Oxnard Street, Suite 760, Woodland Hills, CA 91367
2121 Avenue of the Stars, Suite 800, Los Angeles, CA 90067
23801 Calabasas Rd, Suite 1003A, Calabasas, CA 91302
8889 W Olympic Blvd Penthouse, Beverly Hills, CA 90211
528 Palisades Dr, Suite 532, Pacific Palisades, CA 90272
4685 MacArthur Ct #450, Newport Beach, CA 92660
9478 W Olympic Blvd, Suite 308, Beverly Hills, CA 90212
2566 Overland Avenue, Suite 730, Los Angeles, CA 90064
2601 25th St, Santa Monica, CA 90405
One World Trade Center, 8th Floor, Long Beach, CA 90831
2667 E Colorado Blvd, 2nd Floor, Pasadena, CA 91107
9100 Wilshire Blvd., Suite 850E, Beverly Hills, CA 90212
1300 Factory Pl, #103, Los Angeles, CA 90013
5 Park Plaza, Suite 1600, Irvine, CA 92614
Foothill Ranch 1031 Exchange Information
Lead Counsel Verified Attorneys in Foothill Ranch
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