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Real Estate Services
Real estate transactions can be straightforward or the parties can encounter
problems which threaten closing, or issues which result in unforeseen legal or
tax implications. It is essential to have professional advice before
entering into a transaction and throughout the process to avoid pitfalls and
guide you through those which might be unavoidable.
Services offered:
Commercial and Residential Real Estate Transactions
To minimize liability, tax consequences and the risk of a transaction failing
before it closes, it is essential to have experienced counsel on your side.
Like-Kind (Section 1031) Exchanges
Did you know, if you sell real estate you may have to pay tax on the gain
(gain is generally defined as the the increase in value from the purchase
price). In some instances capital gain on the sale of appreciated real estate can be deferred if replacement property is
purchased. The IRS requires strict compliance with its rules and regulations
to achieve this result, but with an experienced attorney, like-kind
transactions are quite simple.
Click here if you would like
additional information about real estate transactions
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