1031 Real Estate Exchanges In Florida
Our founding real estate attorney, Jeffrey Feinberg has been practicing residential and commercial real estate law in South Florida since 1979. As the founder of Jeffrey Feinberg, P.A., in Hollywood, he is also board-certified in real estate by the Florida State Bar. If you need guidance and assistance with a Florida real estate transaction, our firm’s attorneys provide cost-effective services and an in-depth knowledge of real estate laws for every transaction they encounter.
Why Should You Consider A 1031 Real Estate Exchange?
A 1031 real estate tax exchange is an excellent idea for people looking to sell real estate that has increased substantially in value, but who do not want to pay taxes on the profits. By working with a qualified intermediary, sellers can take the full proceeds of the sale and reinvest the money in another property, without having to pay taxes on the transaction.
As 1031 tax exchanges are authorized by Section 1031 of the Internal Revenue Code, these property investments are regulated by federal law. As a result, the sellers in these transactions, the qualified intermediaries and the property in question, do not have to all be from the same state.
Extensive Experience With 1031 Real Estate Exchanges
At Jeffrey Feinberg, P.A., our firm’s attorneys have significant experience with 1031 tax exchanges. Our founding attorney has acted as the qualified intermediary in countless real estate transactions both in Florida and throughout the United States. Our lawyers are able to help clients determine whether or not a 1031 tax exchange is a viable option for their transaction.
Because our firm’s founder has significant experience with 1031 tax exchanges, he is frequently called upon to give lectures and seminars on these real estate transactions to investors and other real estate lawyers. Our residential and commercial real estate attorneys have an in-depth knowledge of local, state and federal laws and can advise you on even the most complicated real estate transactions.
Contact Us Today
To learn more about 1031 tax exchanges and other real estate transactions and legal challenges that we handle at Jeffrey Feinberg, P.A., please contact our office by calling 954-417-8434 or by sending us a message through our online form today.