Top Weston, MA 1031 Exchange Lawyers Near You
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400 TradeCenter Drive, Suite 6810, Woburn, MA 01801
300 Brickstone Square, Suite 201, Andover, MA 01810
21 Cocasset Street, Suite 1 & 2, Foxboro, MA 02035
800 Turnpike Street, Suite 300, North Andover, MA 01845
265 Franklin Street, Suite 1702, Boston, MA 02110
181 Wells Ave, Suite 104, Newton, MA 02459
132 Central Street, Suite 209, Foxboro, MA 02035
16 East Washington St, Suite 2, North Attleboro, MA 02760
189 Wells Ave, Ste 200, Newton Center, MA 02459
12 Chestnut Street, Andover, MA 01810
3 Allied Driv, Suite 108, Dedham, MA 02026
225 Franklin Street, 26th Floor, Boston, MA 02110
80 Washington Street, Building S, Norwell, MA 02061
33 Arch St, Suite 2500, Boston, MA 02110
20 Middlesex Avenue, Wilmington, MA 01887
34 Blacksmith Dr, Needham, MA 02492
6 Beacon St, Suite 1115, Boston, MA 02108
25 Braintree Hill Office Park, Suite 200, Braintree, MA 02184
28 State Street, Suite 802, Boston, MA 02109
27 Mica Lane, Suite 206, Wellesley, MA 02481
300 Trade Center, Suite 2700, Woburn, MA 01801
20 Park Plaza, Suite 1115, Boston, MA 02116
465 S Washington St., Unit #4, North Attleboro, MA 02760
89 Access Rd., Suite 21, Norwood, MA 02062
2 Granite Ave, Suite 420, Milton, MA 02186
Weston 1031 Exchange Information
Lead Counsel Verified Attorneys in Weston
Lead Counsel independently verifies 1031 Exchange attorneys in Weston 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
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 Weston?
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