Real Estate Law

Have real estate law questions? Ask a real estate lawyer.

Connect one-on-one with {0} who will answer your question

Related Real Estate Law Questions
My question is about a 1031 exchange. I've never done one
My question is about a 1031 exchange. I've never done one before and would like to know if I sell my motel, then use the money to invest in a housing development, would that be considered a “like” exc… read more
GlennM
GlennM
Managing Partner
J.D.
2,376 satisfied customers
I'm selling a commercial property, can I use the money to
I'm selling a commercial property, can I use the money to purchase a residential property? … read more
AnthonyC127
AnthonyC127
Attorney at Law
Juris Doctor
738 satisfied customers
I am in the process of selling my rental home I bought for
I am in the process of selling my rental home I bought for 152 thousand many years ago if I get 550 minus the 30 commission can I transfer the 520 left to 1031 exchange what exactly will I be capital … read more
Daniel Luneau
Daniel Luneau
Juris Doctor
4,575 satisfied customers
We plan to sell commercial building and buy 3 residential
We plan to sell commercial building and buy 3 residential properties for rental using 1031 exchange. When we buy 3 residential properties, should residential properties be currently held for rental pu… read more
JustLaw Esq.
JustLaw Esq.
Attorney, Broker
JD
3,131 satisfied customers
I'm considering a 1031 exchange. I own a house in California
I'm considering a 1031 exchange. I own a house in California and have been running it out the last eight years. If I sell it and buy something in Houston Texas, will this Exchange be eligible for a 10… read more
Lori
Lori
Juris Doctor
15,298 satisfied customers
Selling a rental property (once our primary residence) we've
Selling a rental property (once our primary residence) we've have for 26 years. Want to take money from sales and pay off another rental property. Do we have to pay capital gains tax. … read more
Ray
Ray
Lawyer
Doctoral Degree
10,979 satisfied customers
We have a closing scheduled TUESDAY July 19th. We are the
Hi We have a closing scheduled for this TUESDAY July 19th. We are the exchangor. The buyer now wants us to take back financing in order to make the deal work. We are willing to do this but we want to … read more
Ray
Ray
Lawyer
Doctoral Degree
10,979 satisfied customers
This is about real estate 1031 tax law. I recently sold a
This is about real estate 1031 tax law. I recently sold a condo, the proceed is going into 1031 exchange to buy a new investment property. Now I am thinking about selling the 2nd condo and use its pro… read more
legalgems
legalgems
Juris Doctorate
25,697 satisfied customers
This question is about 1031 exchange. Taxpayer wants to sell
This question is about 1031 exchange. Taxpayer wants to sell a rental house to exchange into a parcel of commercial land, on which the office building is owned by taxpayer on a long-term land lease. D… read more
Law Pro
Law Pro
Lawyer
Doctoral Degree
24,871 satisfied customers
How can I structure a buying plan for my property [commercial]
How can I structure a buying plan for my property [commercial] in KY so that my current renters can buy the property and so I don't get "killied" by capital gains - big banks and big industry pay no t… read more
Richard
Richard
Owner
Doctoral Degree
56,539 satisfied customers
I built a home in Deatsville Alabama and had to leave it when
I built a home in Deatsville Alabama and had to leave it when the Air Force moved me overseas. I converted it to a rental property and still own the home as a rental. I am interested in selling the ho… read more
Law Pro
Law Pro
Lawyer
Doctoral Degree
24,871 satisfied customers
Considering a 1031 exchange: 1. the sale price of 695K means
Considering a 1031 exchange: 1. the sale price of 695K means i would have a capital gains of approximately 500K 2. the cash out of the deal would be approx 310K 3. not clear how this works. so one alt… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,362 satisfied customers
Need a 1031 expert to answer this one: I am going to exercise
Need a 1031 expert to answer this one: I am going to exercise my purchase option for a commercial building on a lease I have held for 19 years. This is a 20 year lease (does not meet 30yr requirements… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,973 satisfied customers
If we exercise our option to buy and hold title momentarily,
If we exercise our option to buy and hold title momentarily, then sell (same day) and transfer title to 3rd party, would that satisfy the rules? We would then be on record as holding title. We would t… read more
Law Pro
Law Pro
Lawyer
Doctoral Degree
24,871 satisfied customers
1031 Exchange:We are 19 years into a 20yr lease/option to
1031 Exchange: We are 19 years into a 20yr lease/option to buy (5yr+(3) 5yr extension) We are going to exercise our option, and immediately turn around and sell the building. Since closing will be sam… read more
Irwin Law
Irwin Law
Juris Doctor JD
7,973 satisfied customers
1031 exchange from 1 property to another and/or to cover mortgage of a third
1031 exchange question(s). I have commercial undeveloped land I will sell for $2.2 million. My cost basis is $300K. I plan to 1031 exchange $1.2 million on another plot of land. Can I also 1031 the re… read more
Dan
Dan
Semi-Retired; Part-Time Consultant
Doctoral Degree
872 satisfied customers
Interested in a 1031 exchange on investment real estate. I
Interested in a 1031 exchange on investment real estate. I know that there is a 180 day provision. I have been informed that the new property must be actively listed for rental for at least 2 years. I… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
27,362 satisfied customers
What is involved in trading real estate We have a house in
What is involved in trading real estate? We have a house in Berkshire County we are considering trading for a house in Kentucky. We do not know how this works in order to protect our interests. How wo… read more
Law Pro
Law Pro
Lawyer
Doctoral Degree
24,871 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

< Previous | Next >

Meet the Experts:

Barrister

Barrister

Lawyer

15,642 satisfied customers

21 years real estate, Realtor. Landlord 29 years

Ray

Ray

Lawyer

10,979 satisfied customers

Texas Attorney for 30 years dealing in real estate

LawTalk

LawTalk

Attorney

6,208 satisfied customers

I have 30 years legal experience. Additionally, in CA I held a Real Estate Broker's license.

Ely

Ely

Counselor at Law

5,005 satisfied customers

Qualified attorney in private practice including business, family, criminal, and real estate issues.

P. Simmons

P. Simmons

Lawyer

4,384 satisfied customers

12+ yrs. of experience including real estate law.

ScottyMacESQ

ScottyMacESQ

Lawyer

2,776 satisfied customers

Licensed General Practice Attorney, Texas

LawyerWriter

LawyerWriter

Lawyer

1,772 satisfied customers

Over 40 years experience in construction and real estate

< Previous | Next >

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x