Top Brockton, MA 1031 Exchange Lawyers Near You
One Foxhill Drive, Suite 111, Walpole, MA 02081
60 State Street, Boston, MA 02109
44 School Street, 9th Floor, Boston, MA 02108
77 Pond Street, Sharon, MA 02067
28 State St, Suite 3101, Boston, MA 02109
200 High Street, 4th Floor, Boston, MA 02110
197 Friend Street, Boston, MA 02114
128 Dean Street, Taunton, MA 02780
432 County Street, New Bedford, MA 02740
90 Canal Street, Boston, MA 02114
47 Commercial Wharf, Boston, MA 02110
31 Newcomb St, Quincy, MA 02169
150 California Street, Newton, MA 02458
75 State Street, 16th Floor, Boston, MA 02109-1466
28 State Street, Boston, MA 02109
44 School Street, 6th Floor, Boston, MA 02108
500 Boylston Street, 14th Floor, Boston, MA 02116
201 Washington St, Suite 2000, Boston, MA 02108
175 Federal St, Suite 1500, Boston, MA 02110
6 Beacon Street, Suite 1020, Boston, MA 02108
300 First Avenue, Suite 200, Needham, MA 02494
35 Braintree Hill Office Pk, Suite 401, Braintree, MA 02184
One Essex Green Drive, Peabody, MA 01960
675 Massachusetts Avenue, Cambridge, MA 02139
6 Beacon St, Suite 600, Boston, MA 02108
Brockton 1031 Exchange Information
Lead Counsel Verified Attorneys in Brockton
Lead Counsel independently verifies 1031 Exchange attorneys in Brockton and checks their standing with Massachusetts 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
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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 Brockton?
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 Massachusetts?
- 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