Top Temple Terrace, FL 1031 Exchange Lawyers Near You
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1501 South Church Avenue, Suite 200, Tampa, FL 33629
503 E Jackson St, Suite 235, Tampa, FL 33602
2841 Executive Drive Suite 120, Clearwater, FL 33762
401 E Jackson St, Suite 3500, Tampa, FL 33602
2550 Permit Place, New Port Richey, FL 34655
100 Second Ave S, Suite 900, St. Petersburg, FL 33701
707 N. Franklin Street, 8th FL, Tampa, FL 33602
400 N Tampa St, Suite 1910, Tampa, FL 33602
3321 Henderson Blvd, Tampa, FL 33609
8640 Seminole Blvd, Seminole, FL 33772
12425 28th Street N, Ste 200, St. Petersburg, FL 33716-1826
721 1st Ave N, St. Petersburg, FL 33701
1801 North Highland Avenue, Tampa, FL 33602
PO Box 12713, St. Petersburg, FL 33733-2713
2313 W Violet St, Tampa, FL 33603
4221 W. Boy Scout Blvd, Suite 1000, Tampa, FL 33607-5780
712 South Oregon Avenue, Tampa, FL 33606
100 Ashley Drive South, Suite 600, Tampa, FL 33602
202 S Rome Ave, Ste 175, Tampa, FL 33606
500 N Westshore Blvd, Suite 700, Tampa, FL 33609
101 E Kennedy Blvd, Suite 1165, Tampa, FL 33602
1511 N. Westshore Boulevard, Suite 1000, Tampa, FL 33607
100 N. Tampa Street, Suite 1900, Tampa, FL 33602-5853
1001 Water St, Suite 475, Tampa, FL 33602
9600 Koger Blvd N, Suite 103, St. Petersburg, FL 33702
Temple Terrace 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in Temple Terrace 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 Temple Terrace?
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