Top Parrish, FL 1031 Exchange Lawyers Near You
1990 Main Street, Suite 750, Sarasota, FL 34236
1515 Ringling Blvd, Suite 320, Sarasota, FL 34236
6841 Energy Court, Suite 120, Sarasota, FL 34240
1858 Ringling Blvd, Suite 300, Sarasota, FL 34236
1400 4th Ave W., Bradenton, FL 34205
2063 Main Street, Suite 100, Sarasota, FL 34237
5577 Broadcast Ct, Sarasota, FL 34240
6707 35th Ave W, Suite 900, Bradenton, FL 34209
407 E Marion Ave, Suite 103, Punta Gorda, FL 33950
18501 Murdock Cir, Suite 304, Port Charlotte, FL 33948
1800 2nd Street, Suite 888, Sarasota, FL 34236
100 Wallace Avenue, Suite 100, Sarasota, FL 34237
1820 Ringling Blvd., Sarasota, FL 34236
431 12th Street West, Suite 204, Bradenton, FL 34205
407 E Marion Ave, Suite 101, Punta Gorda, FL 33950
1724 Manatee Ave W, Bradenton, FL 34205
500 South Washington Boulevard, 4th Floor, Sarasota, FL 34236
1605 Main St, Ste 1111, Sarasota, FL 34236
17801 Murdock Cir Ste A, Port Charlotte, FL 33948
1215 Manatee Ave W, Suite 201, Bradenton, FL 34205
1543 Second St, Sarasota, FL 34236
4916 26th St W, Suite 132, Bradenton, FL 34207
240 S. Pineapple Avenue, 9th Floor, Sarasota, FL 34236
1990 Main St, Suite 801, Sarasota, FL 34236
8470 Enterprise Circle, Lakewood Ranch, FL 34202
Parrish 1031 Exchange Information
Lead Counsel Verified Attorneys in Parrish
Lead Counsel independently verifies 1031 Exchange attorneys in Parrish and checks their standing with Florida 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 Parrish?
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 Florida?
- 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