Top Newport Coast, CA 1031 Exchange Lawyers Near You
Over 25 years of high-stakes commercial real estate law. Safeguarding your property assets and future growth. Winning matters.
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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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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355 N Canon Dr, Beverly Hills, CA 90210
9970 Research Drive, Irvine, CA 92618
6B Liberty, Suite 130, Aliso Viejo, CA 92656
3151 Airway Avenue, Building E, Costa Mesa, CA 92626
633 W 5th St, 26th Floor, Los Angeles, CA 90071
933 17th Street, Suite 5, Santa Monica, CA 90403
8616 La Tijera Blvd., #502, Los Angeles, CA 90045
10944 Ventura Blvd., Los Angeles, CA 91604
600 W Santa Ana Blvd, Suite 700, Santa Ana, CA 92701
9454 Wilshire Blvd, Beverly Hills, CA 90212
1900 Ave of the Stars, Ste 2300, Los Angeles, CA 90067
714 West Olympic Boulevard, Suite 753, Los Angeles, CA 90015
3500 W Beverly Blvd, Montebello, CA 90640
225 S Lake, Suite 300, Pasadena, CA 91101
155 N Lake Ave, Suite 800, Pasadena, CA 91101
1732 Aviation Blvd, STE 1541, Redondo Beach, CA 90278
16133 Ventura Blvd, Suite 805, Encino, CA 91436-2741
18300 Von Karman Ave, STE 660, Irvine, CA 92612
800 W 6th St, 18th Floor, Los Angeles, CA 90017
300 Spectrum Center Dr, Suite 400, Irvine, CA 92618
880 Appollo St, Suite 155, El Segundo, CA 90245
16055 Ventura Blvd, Ste 800, Encino, CA 91436-2300
1801 Century Park E, Suite 1600, Los Angeles, CA 90067
4764 Park Granada, Suite 210, Calabasas, CA 91302
433 North Camden Drive, Suite 400, Beverly Hills, CA 90210
Newport Coast 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Newport Coast 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 Newport Coast?
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