Top Fox Point, WI 1031 Exchange Lawyers Near You
777 East Wisconsin Avenue, Milwaukee, WI 53202-5306
826 N Plankinton Ave, Suite 600, Milwaukee, WI 53203
622 North Water Street, Suite 500, Milwaukee, WI 53202
735 North Water Street, Suite 1400, Milwaukee, WI 53202
833 East Michigan Street, Suite 1800, Milwaukee, WI 53202-5615
930 Elm Grove Road, Suite C, Elm Grove, WI 53122
731 N Jackson St, Suite 600, Milwaukee, WI 53202
5555 N Port Washington, Suite 305, Milwaukee, WI 53217
320 East Buffalo Street, Suite 700, Milwaukee, WI 53202
1601 East Racine Avenue, Suite 200, PO Box 558, Waukesha, WI 53187
250 East Wisconsin Avenue, Suite 1550, Milwaukee, WI 53202
707 West Moreland Boulevard, Suite 9, Waukesha, WI 53188
524 Milwaukee Street, Suite 208, PO Box 180562, Delafield, WI 53018
1749 North Prospect Avenue, Milwaukee, WI 53202
735 North Water Street, Suite 930, Milwaukee, WI 53202
N16W23233 Stone Ridge Drive, Suite 260, Waukesha, WI 53188
14380 West Capitol Drive, Suite 1, Brookfield, WI 53005
1505 Wauwatosa Avenue, Wauwatosa, WI 53213
8112 W. Bluemound Rd., Suite 101, Wauwatosa, WI 53213
414 North Main Street, Thiensville, WI 53092
143 S Main Street, Third Floor, West Bend, WI 53095
1227 Corporate Center Drive, Suite 200, Oconomowoc, WI 53066
3400 Intertech Dr, Suite 400, Brookfield, WI 53045
11430 West Bluemound Road, Suite 200, Wauwatosa, WI 53226
2600 North Mayfair Road, Suite 1000, Milwaukee, WI 53226
Fox Point 1031 Exchange Information
Lead Counsel Verified Attorneys in Fox Point
Lead Counsel independently verifies 1031 Exchange attorneys in Fox Point and checks their standing with Wisconsin 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 Fox Point?
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 Wisconsin?
- 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