Top Pomona, CA 1031 Exchange Lawyers Near You
1031 Exchange Lawyers | Serving Irvine, CA
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5820 Canoga Ave, Suite 300, Woodland Hills, CA 91367
1063 Indiana Ave, Venice, CA 90291
1230 Rosecrans Avenue, Suite 450, Manhattan Beach, CA 90266
8605 Santa Monica Blvd, PMB 443796, West Hollywood, CA 90069
17725 Rhoda St, Encino, CA 91316
1151 S. Bedford St., Los Angeles, CA 90035
515 Pier Avenue, Hermosa Beach, CA 90254
31365 Oak Crest Drive, Suite 250, Westlake Village, CA 91361
9100 Wilshire Blvd E Tower, Suite 333, Beverly Hills, CA 90210
13300 Crossroads Pkwy N, Suite 185, City of Industry, CA 91746
10940 Wilshire Blvd, Suite 1600, Los Angeles, CA 90024
10250 Constellation Blvd, Los Angeles, CA 90067
29800 Agoura Rd, Suite 102, Agoura Hills, CA 91301
57382 Twentynine Palms Highway, Yucca Valley, CA 92284
16027 Ventura Boulevard, Suite 610, Encino, CA 91436
777 South Figueroa Street, 34th Floor, Los Angeles, CA 90017
1875 Century Park East, Suite 2000, Los Angeles, CA 90067
1990 South Bundy Drive, Suite 777, Los Angeles, CA 90025
5900 Wilshire Blvd, Suite 720, Los Angeles, CA 90036
19100 Von Karman Avenue Suite 400, Irvine, CA 92612
4 Park Plaza, Suite 1050, Irvine, CA 92614
6 Centerpointe Drive, Suite 700, La Palma, CA 90623
707 Torrance Blvd Suite 200, Redondo Beach, CA 90277
2049 Century Park E, Suite 3500, Los Angeles, CA 90067
550 North Brand Blvd Suite 550, Glendale, CA 91203
Pomona 1031 Exchange Information
Lead Counsel Verified Attorneys in Pomona
Lead Counsel independently verifies 1031 Exchange attorneys in Pomona 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 Pomona?
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