Top West Slope, OR 1031 Exchange Lawyers Near You
13568 SE 97th Ave Ste 203B, Clackamas, OR 97015
25 NW 23rd Place, Suite 6-128, Portland, OR 97210
1675 SW Marlow Avenue, Suite 404, Portland, OR 97225
16100 NW Cornell Road, Suite 240, Beaverton, OR 97006
1050 SW 6th Avenue, Suite 1100, Portland, OR 97204
3 Centerpointe Dr, Suite 160, Lake Oswego, OR 97035
308 SW 1st Ave Ste 200, Portland, OR 97204
1620 SW Taylor Street, Suite 350, Portland, OR 97205
525 3rd St, Suite 200, Lake Oswego, OR 97034
1207 SW 6th Ave, Portland, OR 97204
3510 SE Franklin St, Portland, OR 97202
813 SW Alder Street, Suite 320, Portland, OR 97205
9830 SW McKenzie St, Tigard, OR 97223
200 SW Market St, Portland, OR 97201
745 NW Hoyt St., Suite 5702, Portland, OR 97208
525 SW Jackson St, Portland, OR 97201
111 SW Columbia Street, Suite 700, Portland, OR 97201
9385 SW Locust St, Portland, OR 97223
5019 NE 21st Ave, Portland, OR 97211
10260 SW Greenburg Road, Suite 400, Portland, OR 97223
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
3519 NE 15th Ave, #489, Portland, OR 97212
West Slope 1031 Exchange Information
Lead Counsel independently verifies 1031 Exchange attorneys in West Slope and checks their standing with Oregon 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 West Slope?
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