Top Gresham, OR 1031 Exchange Lawyers Near You
1120 SE Madison Street, Portland, OR 97214
1300 SW 5th Ave, Suite 2050, Portland, OR 97201
1140 SW 11th Avenue, Suite 500, Portland, OR 97205
1640 NW Irving St, Portland, OR 97209
805 SW Broadway, Suite 1500, Portland, OR 97205
555 SE MLK Boulevard, Suite 105, Portland, OR 97214
805 SW Broadway, Suite 2460, Portland, OR 97205
425 NW 10th Ave, Suite 200, Portland, OR 97209
111 SW Columbia Street, Suite 700, Portland, OR 97201
10260 SW Greenburg Road, Suite 400, Portland, OR 97223
1125 NW Couch St, Suite 550, Portland, OR 97209
75 SE Yamhill Street, Suite 202, Portland, OR 97214
333 S State St, Lake Oswego, OR 97034
1754 Willamette Falls Drive, West Linn, OR 97068
511 SW 10th Avenue, Suite 400, Portland, OR 97205
222 SW Columbia Street, Suite 1500, Portland, OR 97201
3519 NE 15th Ave, #489, Portland, OR 97212
1300 SW 5th Ave, Suite 2000, Portland, OR 97201
9385 SW Locust St, Portland, OR 97223
5019 NE 21st Ave, Portland, OR 97211
805 SW Broadway, Suite 2280, Portland, OR 97205
601 S.W. Second Avenue, Suite 2100, Portland, OR 97204
PO Box 8441, Portland, OR 97204
121 Southwest Salmon Street, 11th Floor, Portland, OR 97204
811 SW Naito Parkway, Suite 420, Portland, OR 97204
Gresham 1031 Exchange Information
Lead Counsel Verified Attorneys in Gresham
Lead Counsel independently verifies 1031 Exchange attorneys in Gresham and checks their standing with Oregon bar associations.
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Ample Experience
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Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
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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 Gresham?
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 Oregon?
- 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