Top Van Nuys, CA 1031 Exchange Lawyers Near You
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1010 Sycamore Avenue, Suite 213, South Pasadena, CA 91030
2029 Century Park East, Suite 3500, Los Angeles, CA 90067
233 Wilshire Boulevard, Suite 600, Santa Monica, CA 90401-1218
23 Corporate Plaza Dr, Suite 150, Newport Beach, CA 92660
23586 Calabasas Rd, Suite 202, Calabasas, CA 91302
330 Main St, Suite 203B, Seal Beach, CA 90740
9454 Wilshire Blvd, Suite 600, Beverly Hills, CA 90212
2381 Rosecrans Ave, Suite 405, El Segundo, CA 90245
6300 Canoga Ave, Suite 1610, Woodland Hills, CA 91367
3415 S Sepulveda Blvd, suite 1100, Los Angeles, CA 90034
400 Continental Blvd, 6th Floor, El Segundo, CA 90245
1 World Trade Center, 8th Floor, Long Beach, CA 90831
16133 Ventura Blvd, Suite 820, Encino, CA 91436
2040 Main St, Suite 500, Irvine, CA 92614
10940 Wilshire Blvd, Suite 1600, Los Angeles, CA 90024
11111 Santa Monica Blvd, Suite 850, Los Angeles, CA 90025
15303 Ventura Blvd, Building C, Suite 870, Sherman Oaks, CA 91403
20357 Via Medici, Porter Ranch, CA 91326
1900 Avenue of the Stars, 19th Floor, Los Angeles, CA 90067
6 Venture, Suite 305, Irvine, CA 92618
350 South Grand Street, 32nd Floor, Los Angeles, CA 90071
468 North Camden Drive, Suite 200, Beverly Hills, CA 90210
2601 25th St, Santa Monica, CA 90405
8221 3rd St, Suite 403, Downey, CA 90241
550 S Hope St, Suite 2800, Los Angeles, CA 90071
Van Nuys 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Van Nuys 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 Van Nuys?
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