Top Jim Thorpe, PA 1031 Exchange Lawyers Near You
1414 Millard, Bethlehem, PA 18018
1344 West Hamilton Street, Allentown, PA 18102
526 Walnut Street, Allentown, PA 18101
3773 Corporation Parkway Suite 360, Center Valley, PA 18034
50 Knepper Lane, Lansford, PA 18232
717 Washington St, Easton, PA 18042
515 W. Hamilton Street, Suite 502, Allentown, PA 18101
60 West Broad Street, Suite 102, Bethlehem, PA 18018
3773 Corporate Parkway, Suite 180, Center Valley, PA 18034
190 Brodhead Road, Suite 310, Bethlehem, PA 18017
968 Postal Road Suite 200, PO Box 90400, Allentown, PA 18109
600 Hamilton Street, Suite 200 - Tower 6, Allentown, PA 18101
1620 Pond Road, Suite 200, Allentown, PA 18104
PO Box 4060, Allentown, PA 18105
412 W. Broad Street, Bethlehem, PA 18018
5100 Tilghman Street, Suite 230, Allentown, PA 18104
PO Box 420, Orefield, PA 18069
56 Broadway, PO Box 29, Jim Thorpe, PA 18229
2030 Tilghman Street, Suite 203, Allentown, PA 18104
21 S 9th Street, Allentown, PA 18102
1275 Glenlivet Drive, Suite 150, Allentown, PA 18106
210 E. Broad St., Bethlehem, PA 18018
1 West Broad Street, Suite 700, Bethlehem, PA 18018
4905 Tilghman Street, Suite 310, Westfield Corporate Center, Allentown, PA 18104
American Heritage Building, 4400 Walbert Avenue, Allentown, PA 18104
Jim Thorpe 1031 Exchange Information
Lead Counsel Verified Attorneys in Jim Thorpe
Lead Counsel independently verifies 1031 Exchange attorneys in Jim Thorpe and checks their standing with Pennsylvania bar associations.
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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
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Client Commitment
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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 Jim Thorpe?
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