Top Long Beach, CA 1031 Exchange Lawyers Near You
1031 Exchange Lawyers | Serving Irvine, CA
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1665 Scenic Blvd, Suite 200, Costa Mesa, CA 92626
601 South Figueroa Street, Suite 4676, Los Angeles, CA 90017
2721 East Coast Highway Ste. 201, Corona Del Mar, CA 92625
555 Flower St, Suite 3700, Los Angeles, CA 90071
2552 Walnut Avenue, Suite 100, Tustin, CA 92780
3262 East Thousand Oaks Suite 200, Westlake Village, CA 91362
644 S Figueroa St, Suite 200, Los Angeles, CA 90017
523 West Sixth Street, Suite 716, Los Angeles, CA 90014
3200 E. Guasti Road, #100, Ontario, CA 91761
25350 Magic Mountain Pkwy, Suite 300, Valencia, CA 91355
1801 Avenue of the Stars, Suite 1025, Los Angeles, CA 90067
500 S Grand Ave, 22nd Floor, Los Angeles, CA 90071
777 South Figueroa Street, Suite 4000, Los Angeles, CA 90017
18301 Von Karman Ave #200, Irvine, CA 92612
3460 Wilshire Boulevard #800, Los Angeles, CA 90010
12100 Wilshire Blvd, Suite 1070, Los Angeles, CA 90025
229 Ave I, Suite 200, Redondo Beach, CA 90277
3435 Wilshire Blvd,Suite 2300, Los Angeles, CA 90010
915 Wilshire Blvd, Suite 1650, Los Angeles, CA 90017
800 West Olympic Boulevard, 4th Floor, Los Angeles, CA 90015-1367
23 Corporate Plaza, Suite 150, Newport Beach, CA 92660
350 S Grand Ave, 40th Floor, Los Angeles, CA 90071
4550 E Thousand Oaks Blvd, Ste 100, Thousand Oaks, CA 91362
3151 Airway Ave., Building S-1, Costa Mesa, CA 92626
1925 Century Park East, Suite 2100, Los Angeles, CA 90067
Long Beach 1031 Exchange Information
Lead Counsel Verified Attorneys in Long Beach
Lead Counsel independently verifies 1031 Exchange attorneys in Long Beach 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 Long Beach?
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