Top New Orleans, LA 1031 Exchange Lawyers Near You
3850 North Causeway Blvd, Suite 630, Metairie, LA 70002
1261 W Causeway Approach, Suite 200, Mandeville, LA 70471
909 Poydras Street, Suite 2000, New Orleans, LA 70112
201 St. Charles Ave, Suite 2700, New Orleans, LA 70170
, New Orleans, LA 70113
400 Poydras St, Suite 2400, New Orleans, LA 70130
4130 Canal Street, New Orleans, LA 70119
132 Louise Dr., Mandeville, LA 70448
PO Box 253, Madisonville, LA 70447
3322 North Turnbull Drive, 2nd FL, Metairie, LA 70002
3000 W. Esplanade Avenue, Suite 200, Metairie, LA 70002-3726
400 Poydras St, Suite 3150, New Orleans, LA 70130
4210 Bienville St, New Orleans, LA 70119
650 Poydras St, Suite 2828, New Orleans, LA 70130
540 Elmwood Park Boulevard, New Orleans, LA 70123
214 Friedrichs Ave, Metairie, LA 70005
131 Airline Drive, Suite 201, Metairie, LA 70001
410 North Jefferson Avenue, Covington, LA 70433
650 Poydras Street, Suite 1800, New Orleans, LA 70130-6146
1100 Poydras St, Suite 2010, New Orleans, LA 70163
909 Poydras St, Suite 1500, New Orleans, LA 70112
201 St. Charles Avenue, Suite 4204, New Orleans, LA 70170
2300 Energy Centre, 1100 Poydras Street, New Orleans, LA 70163-2300
One Canal Place, 365 Canal St, Suite 1100, New Orleans, LA 70130
201 St. Charles Avenue, Suite 4600, New Orleans, LA 70170-4600
New Orleans 1031 Exchange Information
Lead Counsel Verified Attorneys in New Orleans
Lead Counsel independently verifies 1031 Exchange attorneys in New Orleans and checks their standing with Louisiana 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 New Orleans?
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 Louisiana?
- 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