Top Berwyn, PA 1031 Exchange Lawyers Near You
1031 Exchange Lawyers | Serving Blue Bell, PA
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100 S Broad St, Suite 1208, Philadelphia, PA 19102
Other Nearby Offices
In Berwyn, Pennsylvania, Baritz KBK Law Group, LLC, a local practice, helps clients with their 1031 Exchange problem.
1650 Market Street, Suite 3600, Philadelphia, PA 19103
1760 Market Street, Suite 600, Philadelphia, PA 19103
10 Valley Stream Parkway, Suite 201A, Malvern, PA 19355
100 Deerfield Lane, Suite 240, Malvern, PA 19355
620 Freedom Business Center Dr, Suite 405, King of Prussia, PA 19406
130 North 18th Street, One Logan Square, Philadelphia, PA 19103
650 Sentry Pkwy, Blue Bell, PA 19422
1001 Conshohocken State Rd, Ste 1-210, West Conshohocken, PA 19428
980 Jolly Rd, Suite 110, Blue Bell, PA 19422
700 American Ave, Suite 206, King of Prussia, PA 19406
50 South 16th Street, 22nd Floor, Philadelphia, PA 19102
Two Commerce Square, 2001 Market Street, Suite 3100, Philadelphia, PA 19103
115 West Avenue, Suite 104, Jenkintown, PA 19046
1425 Spruce Street, Suite 100, Philadelphia, PA 19102-4578
1735 Market St, Suite 3300, Philadelphia, PA 19103
One Logan Square, Suite 1210, 130 North 18th Street, Philadelphia, PA 19103
One Logan Square, Suite 2000, Philadelphia, PA 19103-6996
1600 Market Street, Suite 2700, Philadelphia, PA 19103-7240
Three Parkway, 1601 Cherry Street, Suite 1400, Philadelphia, PA 19102
1515 Market Street, Suite 1220, Philadelphia, PA 19102-1903
226 Walnut St, Philadelphia, PA 19106
500 Office Center Dr, Suite 400, Fort Washington, PA 19034
9223 Frankford Avenue, Bensalem, PA 19020
333 E. City Avenue, Ste PL-14, Bala Cynwyd, PA 19004
Berwyn 1031 Exchange Information
Lead Counsel Verified Attorneys in Berwyn
Lead Counsel independently verifies 1031 Exchange attorneys in Berwyn and checks their standing with Pennsylvania 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 Berwyn?
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 Pennsylvania?
- 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