Top Hillsborough, CA 1031 Exchange Lawyers Near You
1401 Willow Pass Road, Suite 700, Concord, CA 94520
235 Montgomery St, Ste 1169, San Francisco, CA 94104
100 Pine St, Suite 1250, San Francisco, CA 94111
2121 N California Blvd, Suite 290, Walnut Creek, CA 94596
55 Professional Center Parkway, Suite A, San Rafael, CA 94903
507 Polk Street, Suite 310, San Francisco, CA 94102
1990 N. California Blvd.,, Suite 830, Walnut Creek, CA 94596
425 Market St, 11th Floor, San Francisco, CA 94105
PO Box 93, Lafayette, CA 94549
388 Market St, Suite 1000, San Francisco, CA 94111
11 Eucalyptus Road, Berkeley, CA 94705
600 Montgomery St, Suite 2300, San Francisco, CA 94111
One Market Plaza, Spear Tower, Suite 2200, San Francisco, CA 94105
3 Embarcadero Center, 25th Floor, San Francisco, CA 94111
1460 El Camino Real, 2nd Floor, Menlo Park, CA 94025
415 Mission St, Suite 5400, San Francisco, CA 94105
870 Market St, Suite 588, San Francisco, CA 94102
555 California Street, 27th Floor, San Francisco, CA 94104
580 California St, Twelfth Floor, San Francisco, CA 94104
3 Embarcadero Center, 7th Floor, San Francisco, CA 94111
3480 Buskirk Ave, Suite 250, Pleasant Hill, CA 94523
633 Battery St., Suite 110, San Francisco, CA 94111
29 Orinda Way, #39, Orinda, CA 94563
601 Montgomery St, Suite 1000, San Francisco, CA 94111
201 Mission Street, Suite 2310, San Francisco, CA 94105
Hillsborough 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Hillsborough 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 Hillsborough?
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