Top Wilmington, CA 1031 Exchange Lawyers Near You
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1031 Exchange Lawyers | Serving Irvine, CA
Over 25 years of high-stakes commercial real estate law. Safeguarding your property assets and future growth. Winning matters.
333 S Hope St, Suite 4050, Los Angeles, CA 90071
205 Avenida Del Mar, Suite 757, San Clemente, CA 92674
1230 Crenshaw Blvd, Suite 200, Torrance, CA 90501
515 South Flower Street, Suite 2900, Los Angeles, CA 90071-2225
12100 Wilshire Blvd., Suite 1600, Los Angeles, CA 90025
3161 Michelson Dr, Suite 1025, Irvine, CA 92612
2901 West Coast Hwy, Newport Beach, CA 92663
1250 Sixth St, Santa Monica, CA 90401
3200 Park Center Drive, Suite 1160, Costa Mesa, CA 92626
9701 Wilshire Blvd., Suite 1000, Beverly Hills, CA 90212
550 South Hope Street, Suite 750, Los Angeles, CA 90071
626 Wilshire Blvd., Suite 510, Los Angeles, CA 90017
578 Washington Blvd, Suite 528, Marina del Rey, CA 90292
515 Flower St, Suite 1000, Los Angeles, CA 90071
1 World Trade Center, Suite 1650, Long Beach, CA 90831
1727 Mesa Verde Avenue, Suite 120D, Ventura, CA 93003
207 Goldenwood Cir, Simi Valley, CA 93065
355 S Grand Ave, Suite 2450, Los Angeles, CA 90037
4580 Thousand Oaks Blvd, Westlake Village, CA 91362
777 E Tahquitz Canyon Way, Suite 200-41, Palm Springs, CA 92262
1100 Glendon Avenue, 14th Floor, Los Angeles, CA 90024
1038 E Bastanchury Rd, Suite 360, Fullerton, CA 92835
PO Box 35242, Los Angeles, CA 90035
10100 Santa Monica Boulevard, Eighth Floor, Los Angeles, CA 90067
21515 Hawthorne Blvd., Suite 1130, Torrance, CA 90503
Wilmington 1031 Exchange Information
Lead Counsel Verified Attorneys in Wilmington
Lead Counsel independently verifies 1031 Exchange attorneys in Wilmington 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 Wilmington?
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