Top Lake Forest, 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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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 Lake Forest, 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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16133 Ventura Blvd, Suite 805, Encino, CA 91436-2741
2050 Main, Suite 1100, Irvine, CA 92614
350 S Grand Ave, Suite 3800, Los Angeles, CA 90071
2029 Century Park East, Suite 2000, Los Angeles, CA 90067
18345 Ventura Blvd, Suite 500, Tarzana, CA 91356
9665 Wilshire Boulevard, Suite 810, Beverly Hills, CA 90212
500 N State College Blvd, Suite 1100 PMB 3001, Orange, CA 92868
2029 Century Park E, Suite 2400, Los Angeles, CA 90067
2029 Century Park East, Suite 2000, Los Angeles, CA 90067
1999 Avenue of the Stars, 29th Floor, Los Angeles, CA 90067
9465 Wilshire Blvd, Suite 300, Beverly Hills, CA 90212-2509
300 Spectrum Center Dr, Suite 400, Irvine, CA 92618
445 S Figueroa St, Suite 3100, Los Angeles, CA 90071
6454 Coldwater Canyon Ave, North Hollywood, CA 91606
1080 S. la Cienega Blvd, Suite 308, Los Angeles, CA 90035
11400 West Olympic Boulevard, Suite 700, Los Angeles, CA 90064
18220 Colchester Way, Northridge, CA 91326
21550 Oxnard Street, Suite 760, Woodland Hills, CA 91367
10940 Wilshire Blvd., Suite 600, Los Angeles, CA 90024
1851 E 1st St, Ste 100, Santa Ana, CA 92705
4695 MacArthur Court, 11th Floor, Newport Beach, CA 92660
1221 N Orange Drive, Apt. 117, Los Angeles, CA 90038
23901 Calabasas Road, Suite 2006, Calabasas, CA 91302
714 W Olympic Blvd, Los Angeles, CA 90015
4 Park Plaza, Suite 1025, Irvine, CA 92614
Lake Forest 1031 Exchange Information
Lead Counsel Verified Attorneys in Lake Forest
Lead Counsel independently verifies 1031 Exchange attorneys in Lake Forest 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 Lake Forest?
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