Top Los Altos, CA 1031 Exchange Lawyers Near You
Contact Us Today for Help Resolving Your Real Estate Issues.
2542 S. Bascom Ave, Suite 235, Campbell, CA 95008
16450 Los Gatos Boulevard, Suite 108, Los Gatos, CA 95032
2092 Concourse Drive, Suite 49, San Jose, CA 95131
228 Hamilton Ave, 3rd Floor, Palo Alto, CA 94301
15990 Jackson Oaks Dr, Morgan Hill, CA 95037
50 W. San Fernando Street, Suite 330, San Jose, CA 95113
2033 Gateway Place, 5th Floor, San Jose, CA 95110
111 N Market St, Suite 300, San Jose, CA 95113
84 W. Santa Clara Street, Suite 490, San Jose, CA 95113
4633 Old Ironsides Drive, Suite 160, Santa Clara, CA 95054
555 Bryant St, Suite 820, Palo Alto, CA 94301
228 Hamilton Ave, Suite 300, Palo Alto, CA 94301
1900 Camden Ave, San Jose, CA 95124
10080 N Wolfe Rd, Suite SW3-200, Cupertino, CA 95014
1625 The Alameda, Suite 401, San Jose, CA 95126
660 Hansen Way, Palo Alto, CA 94304
160 W. Santa Clara Street, Suite 1000, San Jose, CA 95113
667 Lytton Ave, Ste 3, Palo Alto, CA 94301
7960 B Soquel Drive, No. 123, Aptos, CA 95003
55 S Market St, Suite 1420, San Jose, CA 95113-1787
1506 Hamilton Ave, San Jose, CA 95125
1 Almaden Boulevard, Suite 700, San Jose, CA 95113
720 University Ave, Suite 250B, Los Gatos, CA 95032
10455 Torre Avenue, Cupertino, CA 95014
830 The Alameda, San Jose, CA 95126
Los Altos 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Los Altos 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 Los Altos?
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