Top Colbert, WA 1031 Exchange Lawyers Near You
601 W Riverside Ave, Suite 710, Spokane, WA 99201
1704 West Broadway, Spokane, WA 99201-1818
422 W Riverside Ave, Suite 1100, Spokane, WA 99201
522 West Riverside, Ste. 800, Spokane, WA 99201
316 West Boone Avenue, Suite 380, Spokane, WA 99201
115 N Washington St Ste 3, Spokane, WA 99201-0657
21802 E Indiana Ave, Suite 207, Liberty Lake, WA 99019
612 W Main Ave, Suite 207, Spokane, WA 99201-0627
421 W Riverside Ave, Suite 1555, Spokane, WA 99201
601 South Division Street, Spokane, WA 99202-1335
818 West Riverside Avenue, Suite 250, Spokane, WA 99201-0919
601 W Riverside Ave, Suite 800, Spokane, WA 99201
618 W. Riverside Ave, Suite 300, Spokane, WA 99201
717 West Sprague Avenue, Suite 1200, Spokane, WA 99201
717 W Sprague Ave, Suite 1600, Spokane, WA 99201
122 N University Rd, Spokane, WA 99206-5359
320 South Sullivan Road, Spokane Valley, WA 99037
505 N. Argonne Rd., Suite B-109, Spokane Valley, WA 99206-5018
601 West Main Avenue, Suite 1400, Spokane, WA 99201-0677
601 West Riverside Avenue, Suite 1900, Spokane, WA 99201-0627
221 North Wall Street, Suite 624, Spokane, WA 99201-0826
12209 East Mission Avenue, Suite 5, Spokane Valley, WA 99206-5378
601 W 1st Ave, Suite 800, Spokane, WA 99201-0626
720 West Boone Avenue, Suite 200, Spokane, WA 99201-2560
421 W Riverside Ave, Suite 730, Spokane, WA 99201
Colbert 1031 Exchange Information
Lead Counsel Verified Attorneys in Colbert
Lead Counsel independently verifies 1031 Exchange attorneys in Colbert and checks their standing with Washington 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 Colbert?
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 Washington?
- 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