Top Columbus, OH 1031 Exchange Lawyers Near You
1335 Dublin Rd., Suite 216A, Columbus, OH 43215
33 North Third Street, Suite 300, Columbus, OH 43215
PO Box 363, Delaware, OH 43015
716 Mt. Airyshire, Suite 150, Columbus, OH 43235
604 E. Rich Street, Columbus, OH 43215-5341
250 West Street, Suite 700, Columbus, OH 43215
580 North Fourth St, Suite 260, Columbus, OH 43215
41 South High Street, 33rd Floor, Columbus, OH 43215
88 E Broad St, Suite 2025, Columbus, OH 43215
7650 Rivers Edge Drive, Suite 101, Columbus, OH 43235
175 South Third Street, Suite 520, Columbus, OH 43215
10 West Broad Street, Suite 2100, Columbus, OH 43215
6797 N High St, Suite 350, Columbus, OH 43085
Two Miranova Place, Suite 700, Columbus, OH 43215
1900 Polaris Pkwy, Suite 425, Columbus, OH 43240
10 W Broad St, One Columbus Center, Suite 2500, Columbus, OH 43215
555 Metro Place North, Suite 524, Dublin, OH 43017
5000 Bradenton Ave, Suite 100, Dublin, OH 43017
575 South Third Street, Columbus, OH 43215
Huntington Center, 41 South High Street, Suite 2400, Columbus, OH 43215
101 East Town Street, Suite 500, Columbus, OH 43215
250 E Town St, Suite 200, Columbus, OH 43215
41 S. High St., Huntington Center, 21st Floor, Columbus, OH 43215
3956 Brown Park Drive, Suite B, Hilliard, OH 43026
88 West Mound Street, Columbus, OH 43215
Columbus 1031 Exchange Information
Lead Counsel Verified Attorneys in Columbus
Lead Counsel independently verifies 1031 Exchange attorneys in Columbus and checks their standing with Ohio 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 Columbus?
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 Ohio?
- 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